329 W Oak StCowetaOK74429
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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 Coweta at 329 W Oak St, Coweta, OK, 74429 offers $1,300/mo rent that, after a $807/mo payment, leaves $247/mo cash flow. Total monthly income is $1,300/mo, and annual cash flow is $2,964/yr on $54,664 cash. Return on cash invested measures 25.33% in year one, and rental yield stands at 9.46% at a $164,900 entry. Equity gained on principal adds $1,064/yr while 5% annual appreciation compounds into $45,559 by year five. Five-year ROI records 132.29% and total cumulative return in cash reaches $72,316. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,300/mo property income versus a $807/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1949
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74429, Coweta, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,264 (100%) |
| Owner Occupied HU | 5,386 (74.1%) |
| Renter Occupied HU | 1,502 (20.7%) |
| Vacant Housing Units | 376 ( 5.2%) |
| Median Home Value | $285,909 |
| Average Home Value | $313,468 |
Housing Distribution
Address Breakdown
Residential
6,674
Single Family
6,482
Multi-Family
192
Businesses
365
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