405 E Old Hickory LnPerkinsOK74059
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Perkins at 405 E Old Hickory Ln, Perkins, OK, 74059 earns $675/mo cash flow from $1,914/mo rent with a $950/mo payment. Total monthly income totals $1,914/mo, and annual cash flow totals $8,095/yr on $64,324 capital. ROI tracks 32.49% on current figures, and rental yield reads 11.84% at a $194,038 purchase. Equity gained on principal adds $1,252/yr, and 5% annual appreciation supports $53,609 over five years. Five-year ROI reaches 170.6% and total cumulative return in cash sums $109,736. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,914/mo property income instead of your personal income.
Single Family
Built in 2024
9,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74059, Perkins, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,584 (100%) |
| Owner Occupied HU | 1,591 (61.6%) |
| Renter Occupied HU | 751 (29.1%) |
| Vacant Housing Units | 242 ( 9.4%) |
| Median Home Value | $203,125 |
| Average Home Value | $236,186 |
Housing Distribution
Address Breakdown
Residential
2,402
Single Family
2,402
Multi-Family
0
Businesses
234
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Listed by: Brett Creager • Copper Creek Real Estate
Mls Name: MLSOK/OKCMAR
Mls Provider:
Mls ID: #1126153
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