3124 E 2nd AveStillwaterOK74074
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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 Stillwater at 3124 E 2nd Ave, Stillwater, OK, 74074 uses $76,242 cash to close to unlock $1,823/yr annual cash flow and $152/mo monthly cash flow. Total monthly income runs $1,621/mo, and a $1,126/mo payment keeps the spread at $152/mo. Purchase price stands at $229,990, and rental yield measures 8.46% with $1,621/mo rent. Return on cash invested shows 22.3% in year one, and 5% annual appreciation builds toward $63,542 over five years. Five-year ROI reaches 115.91% and total cumulative return in cash records $88,372. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,621/mo property income covering a $1,126/mo payment rather than investor’s personal income.
Single Family
Built in 2004
7,231 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74074, Stillwater, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,367 (100%) |
| Owner Occupied HU | 6,229 (40.5%) |
| Renter Occupied HU | 6,512 (42.4%) |
| Vacant Housing Units | 2,626 (17.1%) |
| Median Home Value | $328,957 |
| Average Home Value | $362,411 |
Housing Distribution
Address Breakdown
Residential
14,937
Single Family
14,346
Multi-Family
591
Businesses
1,130
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Listed by: Aidan Ahern • CENTURY 21 GLOBAL, REALTORS
Mls Name: Stillwater MLS
Mls ID: #133332