374010 E 1100th RdOkemahOK74859
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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 Okemah at 374010 E 1100th Rd, Okemah, OK, 74859 uses $104,423 cash to close to unlock $4,681/yr annual cash flow and $390/mo monthly cash flow. Total monthly income runs $2,402/mo, and a $1,542/mo payment keeps the spread at $390/mo. Purchase price stands at $315,000, and rental yield measures 9.15% with $2,402/mo rent. Return on cash invested shows 24.39% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 127.17% and total cumulative return in cash records $132,797. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,402/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Single Family
Built in 1950
1.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74859, Okemah, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,854 (100%) |
| Owner Occupied HU | 1,612 (56.5%) |
| Renter Occupied HU | 714 (25.0%) |
| Vacant Housing Units | 528 (18.5%) |
| Median Home Value | $134,127 |
| Average Home Value | $190,613 |
Housing Distribution
Address Breakdown
Residential
2,448
Single Family
2,400
Multi-Family
48
Businesses
300
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