506 E 17th AveStillwaterOK74074
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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 Stillwater at 506 E 17th Ave, Stillwater, OK, 74074 uses $49,062 cash to close to unlock $1,887/yr annual cash flow and $157/mo monthly cash flow. Total monthly income runs $1,102/mo, and a $724/mo payment keeps the spread at $157/mo. Purchase price stands at $148,000, and rental yield measures 8.94% with $1,102/mo rent. Return on cash invested shows 23.75% in year one, and 5% annual appreciation builds toward $40,890 over five years. Five-year ROI reaches 123.81% and total cumulative return in cash records $60,746. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,102/mo property income covering a $724/mo payment rather than investor’s personal income.
Single Family
Built in 1930
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74074, Stillwater, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,367 (100%) |
| Owner Occupied HU | 6,229 (40.5%) |
| Renter Occupied HU | 6,512 (42.4%) |
| Vacant Housing Units | 2,626 (17.1%) |
| Median Home Value | $328,957 |
| Average Home Value | $362,411 |
Housing Distribution
Address Breakdown
Residential
14,937
Single Family
14,346
Multi-Family
591
Businesses
1,130
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Listed by: Connie Stokes • Coldwell Banker Team Stillwater
Mls Name: Stillwater MLS
Mls ID: #133451