415 E Seneca AveMcAlesterOK74501
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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 McAlester at 415 E Seneca Ave, McAlester, OK, 74501 uses $45,747 cash to close to unlock $2,498/yr annual cash flow and $208/mo monthly cash flow. Total monthly income runs $1,089/mo, and a $675/mo payment keeps the spread at $208/mo. Purchase price stands at $138,000, and rental yield measures 9.47% with $1,089/mo rent. Return on cash invested shows 25.37% in year one, and 5% annual appreciation builds toward $38,127 over five years. Five-year ROI reaches 132.48% and total cumulative return in cash records $60,606. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,089/mo property income covering a $675/mo payment rather than investor’s personal income.
Single Family
Built in 1935
7,230 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74501, Mcalester, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,660 (100%) |
| Owner Occupied HU | 7,902 (57.8%) |
| Renter Occupied HU | 3,698 (27.1%) |
| Vacant Housing Units | 2,060 (15.1%) |
| Median Home Value | $174,645 |
| Average Home Value | $218,130 |
Housing Distribution
Address Breakdown
Residential
11,670
Single Family
11,093
Multi-Family
577
Businesses
1,061
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