412 Ridge DrSallisawOK74955
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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 Sallisaw at 412 Ridge Dr, Sallisaw, OK, 74955 uses $111,053 cash to close to unlock $9,759/yr annual cash flow and $813/mo monthly cash flow. Total monthly income runs $2,953/mo, and a $1,640/mo payment keeps the spread at $813/mo. Purchase price stands at $335,000, and rental yield measures 10.58% with $2,953/mo rent. Return on cash invested shows 28.7% in year one, and 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 150.25% and total cumulative return in cash records $166,856. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,953/mo property income covering a $1,640/mo payment rather than investor’s personal income.
Single Family
Built in 1969
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74955, Sallisaw, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,566 (100%) |
| Owner Occupied HU | 3,718 (56.6%) |
| Renter Occupied HU | 2,007 (30.6%) |
| Vacant Housing Units | 841 (12.8%) |
| Median Home Value | $147,351 |
| Average Home Value | $179,757 |
Housing Distribution
Address Breakdown
Residential
5,876
Single Family
5,724
Multi-Family
152
Businesses
654
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