422 E Osage AveNowataOK74048
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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 Nowata at 422 E Osage Ave, Nowata, OK, 74048 uses $36,134 cash to close to unlock $3,317/yr annual cash flow and $276/mo monthly cash flow. Total monthly income runs $973/mo, and a $534/mo payment keeps the spread at $276/mo. Purchase price stands at $109,000, and rental yield measures 10.71% with $973/mo rent. Return on cash invested shows 29.09% in year one, and 5% annual appreciation builds toward $30,115 over five years. Five-year ROI reaches 152.43% and total cumulative return in cash records $55,078. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $973/mo property income covering a $534/mo payment rather than investor’s personal income.
Single Family
Built in 1946
10,497 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74048, Nowata, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,537 (100%) |
| Owner Occupied HU | 1,514 (59.7%) |
| Renter Occupied HU | 672 (26.5%) |
| Vacant Housing Units | 351 (13.8%) |
| Median Home Value | $154,321 |
| Average Home Value | $211,367 |
Housing Distribution
Address Breakdown
Residential
2,560
Single Family
2,459
Multi-Family
101
Businesses
266
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Listed by: Kurt Bachmann • McGraw, REALTORS
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2531733
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.