379022 N Old Highway 62OkemahOK74859
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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 379022 N Old Highway 62, Okemah, OK, 74859 listed at $235,000 pairs $1,062/mo rent with a $1,150/mo payment. Total monthly income runs $1,062/mo. Return on cash invested measures 13.15% in year one, and rental yield registers 5.42% at a $235,000 basis. Equity gained on principal adds $1,516/yr, and annual property appreciation at 5% supports $64,926 by year five. Five-year ROI tracks 66.9% and total cumulative return in cash totals $52,120. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,062/mo property income relative to a $1,150/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1978
5 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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