402 N Lincoln AveWagonerOK74467
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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 Wagoner at 402 N Lincoln Ave, Wagoner, OK, 74467 offers a 9.34% rental yield on a $215,000 purchase with $1,674/mo rent. Total monthly income registers $1,674/mo, and a $1,052/mo payment leaves $301/mo available for distribution. Annual cash flow reaches $3,615/yr on $71,273 to close, and return on cash invested stands at 24.98% in year one. Equity gained on principal adds $1,387/yr while 5% annual appreciation supports $59,401 over five years. Portfolio math shows five-year ROI at 130.35% and total cumulative return in cash at $92,905. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,674/mo property income against a $1,052/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74467, Wagoner, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,278 (100%) |
| Owner Occupied HU | 4,294 (59.0%) |
| Renter Occupied HU | 1,875 (25.8%) |
| Vacant Housing Units | 1,109 (15.2%) |
| Median Home Value | $228,069 |
| Average Home Value | $262,552 |
Housing Distribution
Address Breakdown
Residential
5,918
Single Family
5,754
Multi-Family
164
Businesses
360
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Listed by: David Fletcher • RE/MAX Results
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2540388
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.