29 Water St #4EufaulaOK74432
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Eufaula at 29 Water St #4, Eufaula, OK, 74432 with 5% annual appreciation on a $375,000 basis while $3,600/mo rent supports operations. Total monthly income totals $3,600/mo and a $1,835/mo payment preserves $196/mo for cash returns. Annual cash flow comes to $2,347/yr on $124,313 deployed, and return on cash invested reaches 21.8% in year one. Equity gained on principal adds $2,420/yr, and five-year appreciation sums $103,606 alongside rental yield of 11.52%. Five-year ROI measures 116.76% and total cumulative return in cash totals $145,143.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,600/mo property income versus a $1,835/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2018
N/A lot
$N/A/sqft
$1,010 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74432, Eufaula, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,575 (100%) |
| Owner Occupied HU | 3,236 (49.2%) |
| Renter Occupied HU | 901 (13.7%) |
| Vacant Housing Units | 2,438 (37.1%) |
| Median Home Value | $180,888 |
| Average Home Value | $232,026 |
Housing Distribution
Address Breakdown
Residential
4,871
Single Family
4,839
Multi-Family
32
Businesses
480
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Listed by: Johnathan Norton • Carlton Landing Realty
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2512433
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.