408 E 7th StOkmulgeeOK74447
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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 Okmulgee at 408 E 7th St, Okmulgee, OK, 74447 offers a 8.94% rental yield on a $170,000 purchase with $1,267/mo rent. Total monthly income registers $1,267/mo, and a $832/mo payment leaves $181/mo available for distribution. Annual cash flow reaches $2,177/yr on $56,355 to close, and return on cash invested stands at 23.77% in year one. Equity gained on principal adds $1,097/yr while 5% annual appreciation supports $46,968 over five years. Portfolio math shows five-year ROI at 123.86% and total cumulative return in cash at $69,801. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,267/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
6,577 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74447, Okmulgee, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,298 (100%) |
| Owner Occupied HU | 3,719 (51.0%) |
| Renter Occupied HU | 2,384 (32.7%) |
| Vacant Housing Units | 1,195 (16.4%) |
| Median Home Value | $115,382 |
| Average Home Value | $158,184 |
Housing Distribution
Address Breakdown
Residential
6,692
Single Family
6,177
Multi-Family
515
Businesses
717
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Listed by: John Hall • Coldwell Banker Select
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2521539
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.