500 S Kern AveOkmulgeeOK74447
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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 Okmulgee at 500 S Kern Ave, Okmulgee, OK, 74447 priced at $149,500 converts $1,583/mo rent into $628/mo cash flow after a $732/mo obligation. Total monthly income equals $1,583/mo, and annual cash flow totals $7,536/yr on $49,559 invested. Return on cash invested prints 35.11% in year one, and rental yield reads 12.71% against a $149,500 entry. Equity gained on principal adds $965/yr, while 5% annual appreciation compiles into $41,304 by year five. Five-year ROI reaches 184.64% and total cumulative return in cash sums $91,505. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,583/mo property income covering a $732/mo payment, not borrower’s personal income.
Single Family
Built in 1930
3.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74447, Okmulgee, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,298 (100%) |
| Owner Occupied HU | 3,719 (51.0%) |
| Renter Occupied HU | 2,384 (32.7%) |
| Vacant Housing Units | 1,195 (16.4%) |
| Median Home Value | $115,382 |
| Average Home Value | $158,184 |
Housing Distribution
Address Breakdown
Residential
6,692
Single Family
6,177
Multi-Family
515
Businesses
717
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