417530 E 1140th 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
Investment property for sale in Checotah at 417530 E 1140th Rd, Checotah, OK, 74426 offers a 11.03% rental yield on a $129,900 purchase with $1,194/mo rent. Total monthly income registers $1,194/mo, and a $636/mo payment leaves $359/mo available for distribution. Annual cash flow reaches $4,303/yr on $43,062 to close, and return on cash invested stands at 29.9% in year one. Equity gained on principal adds $838/yr while 5% annual appreciation supports $35,889 over five years. Portfolio math shows five-year ROI at 156.8% and total cumulative return in cash at $67,519. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,194/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
1.50 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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Listed by: Darla Cantrell • C21/First Choice Realty
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2234802
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.