402 W Cowley AveCoalgateOK74538
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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 Coalgate at 402 W Cowley Ave, Coalgate, OK, 74538 generates $1,458/mo in rent and, after a $1,028/mo payment, leaves $117/mo in cash flow. Total monthly income is $1,458/mo, and annual cash flow is $1,401/yr on $69,615 invested. Return on cash invested sits at 21.92% in year one, and rental yield is 8.33% on a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 113.91% and total cumulative return in cash sums $79,300. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,458/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74538, Coalgate, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,809 (100%) |
| Owner Occupied HU | 1,010 (55.8%) |
| Renter Occupied HU | 472 (26.1%) |
| Vacant Housing Units | 327 (18.1%) |
| Median Home Value | $100,250 |
| Average Home Value | $148,465 |
Housing Distribution
Address Breakdown
Residential
1,715
Single Family
1,691
Multi-Family
24
Businesses
191
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