502 S Powell AveWagonerOK74467
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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 Wagoner at 502 S Powell Ave, Wagoner, OK, 74467 with 5% annual appreciation on a $100,000 basis while $752/mo rent supports operations. Total monthly income totals $752/mo and a $489/mo payment preserves $114/mo for cash returns. Annual cash flow comes to $1,366/yr on $33,150 deployed, and return on cash invested reaches 24.03% in year one. Equity gained on principal adds $645/yr, and five-year appreciation sums $27,628 alongside rental yield of 9.02%. Five-year ROI measures 125.22% and total cumulative return in cash totals $41,512.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $752/mo property income versus a $489/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
10,497 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74467, Wagoner, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,278 (100%) |
| Owner Occupied HU | 4,294 (59.0%) |
| Renter Occupied HU | 1,875 (25.8%) |
| Vacant Housing Units | 1,109 (15.2%) |
| Median Home Value | $228,069 |
| Average Home Value | $262,552 |
Housing Distribution
Address Breakdown
Residential
5,918
Single Family
5,754
Multi-Family
164
Businesses
360
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Listed by: Jessica Scott • Keller Williams Advantage
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2519029
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.