301 Strippit RdPoteauOK74953
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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
Rental property for sale in Poteau at 301 Strippit Rd, Poteau, OK, 74953 priced at $344,900 pairs $3,200/mo rent with $998/mo cash flow after a $1,688/mo payment. Total monthly income equals $3,200/mo, and annual cash flow comes to $11,970/yr on $114,334 invested. Return on cash invested is 30.38% in year one, and rental yield stands at 11.13% on a $344,900 basis. Equity gained on principal adds $2,226/yr, and 5% annual appreciation accumulates to $95,290 by year five. Five-year ROI measures 159.26% and total cumulative return in cash reaches $182,085. For financing, Ziffy Mortgage’s DSCR program evaluates $3,200/mo property income against a $1,688/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1996
1.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74953, Poteau, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,310 (100%) |
| Owner Occupied HU | 2,990 (56.3%) |
| Renter Occupied HU | 1,774 (33.4%) |
| Vacant Housing Units | 546 (10.3%) |
| Median Home Value | $179,762 |
| Average Home Value | $209,380 |
Housing Distribution
Address Breakdown
Residential
4,851
Single Family
4,746
Multi-Family
105
Businesses
634
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Listed by: Trina R. Ward • RE/MAX Champion Land
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2510374
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.