314 E Locust StTecumsehOK74873
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Tecumseh at 314 E Locust St, Tecumseh, OK, 74873 uses $48,068 cash to close to unlock $2,505/yr annual cash flow and $209/mo monthly cash flow. Total monthly income runs $1,135/mo, and a $710/mo payment keeps the spread at $209/mo. Purchase price stands at $145,000, and rental yield measures 9.39% with $1,135/mo rent. Return on cash invested shows 25.12% in year one, and 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 131.06% and total cumulative return in cash records $62,996. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,135/mo property income covering a $710/mo payment rather than investor’s personal income.
Single Family
Built in 1965
8,746 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74873, Tecumseh, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,812 (100%) |
| Owner Occupied HU | 3,009 (62.5%) |
| Renter Occupied HU | 1,286 (26.7%) |
| Vacant Housing Units | 517 (10.7%) |
| Median Home Value | $180,208 |
| Average Home Value | $225,997 |
Housing Distribution
Address Breakdown
Residential
4,820
Single Family
4,809
Multi-Family
11
Businesses
235
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices