504 E Choctaw AveSallisawOK74955
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
Investment property for sale in Sallisaw at 504 E Choctaw Ave, Sallisaw, OK, 74955 at $149,000 posts ROI 26.56% with $274/mo cash flow from $1,225/mo rent. Total monthly income equals $1,225/mo, and annual cash flow records $3,285/yr on $49,394 to close. Return on cash invested measures 26.56% and rental yield reads 9.87% at the current $149,000. Equity gained on principal adds $961/yr, and 5% annual appreciation supports $41,166 by year five. Five-year ROI prints 138.78% and total cumulative return in cash totals $68,548.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,225/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1910
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74955, Sallisaw, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,566 (100%) |
| Owner Occupied HU | 3,718 (56.6%) |
| Renter Occupied HU | 2,007 (30.6%) |
| Vacant Housing Units | 841 (12.8%) |
| Median Home Value | $147,351 |
| Average Home Value | $179,757 |
Housing Distribution
Address Breakdown
Residential
5,876
Single Family
5,724
Multi-Family
152
Businesses
654
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