501 E 62nd St SMuskogeeOK74403
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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 Muskogee at 501 E 62nd St S, Muskogee, OK, 74403 earns $35/mo cash flow from $1,440/mo rent with a $1,077/mo payment. Total monthly income totals $1,440/mo, and annual cash flow totals $418/yr on $72,930 capital. ROI tracks 20.48% on current figures, and rental yield reads 7.85% at a $220,000 purchase. Equity gained on principal adds $1,420/yr, and 5% annual appreciation supports $60,782 over five years. Five-year ROI reaches 106.18% and total cumulative return in cash sums $77,435. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,440/mo property income instead of your personal income.
Single Family
Built in 1970
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74403, Muskogee, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,388 (100%) |
| Owner Occupied HU | 7,138 (53.3%) |
| Renter Occupied HU | 4,499 (33.6%) |
| Vacant Housing Units | 1,751 (13.1%) |
| Median Home Value | $166,442 |
| Average Home Value | $199,164 |
Housing Distribution
Address Breakdown
Residential
12,716
Single Family
11,451
Multi-Family
1,265
Businesses
814
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