415664 E 1093rd RdChecotahOK74426
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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 Checotah at 415664 E 1093rd Rd, Checotah, OK, 74426 generates $1,627/mo in rent, after a $1,395/mo payment. Total monthly income is $1,627/mo. Return on cash invested sits at 17.46% in year one, and rental yield is 6.85% on a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 89.95% and total cumulative return in cash sums $84,978. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,627/mo property income rather than buyer’s personal income.
Single Family
Built in 2013
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74426, Checotah, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,024 (100%) |
| Owner Occupied HU | 3,169 (52.6%) |
| Renter Occupied HU | 927 (15.4%) |
| Vacant Housing Units | 1,928 (32.0%) |
| Median Home Value | $160,237 |
| Average Home Value | $192,132 |
Housing Distribution
Address Breakdown
Residential
4,082
Single Family
3,961
Multi-Family
121
Businesses
370
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