501 E Oak Tree AvePerkinsOK74059
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Perkins at 501 E Oak Tree Ave, Perkins, OK, 74059 priced at $213,761 converts $2,153/mo rent into $788/mo cash flow after a $1,046/mo obligation. Total monthly income equals $2,153/mo, and annual cash flow totals $9,458/yr on $70,862 invested. Return on cash invested prints 33.26% in year one, and rental yield reads 12.09% against a $213,761 entry. Equity gained on principal adds $1,379/yr, while 5% annual appreciation compiles into $59,058 by year five. Five-year ROI reaches 174.72% and total cumulative return in cash sums $123,812. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,153/mo property income covering a $1,046/mo payment, not borrower’s personal income.
Single Family
Built in 2024
10,349 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74059, Perkins, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,584 (100%) |
| Owner Occupied HU | 1,591 (61.6%) |
| Renter Occupied HU | 751 (29.1%) |
| Vacant Housing Units | 242 ( 9.4%) |
| Median Home Value | $203,125 |
| Average Home Value | $236,186 |
Housing Distribution
Address Breakdown
Residential
2,402
Single Family
2,402
Multi-Family
0
Businesses
234
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Listed by: Brett Creager • Copper Creek Real Estate
Mls Name: MLSOK/OKCMAR
Mls Provider:
Mls ID: #1134817
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