507 W MatthewCatoosaOK74015
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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
Rental property for sale in Catoosa at 507 W Matthew, Catoosa, OK, 74015 generates $1,704/mo in rent and, after a $1,062/mo payment, leaves $281/mo in cash flow. Total monthly income is $1,704/mo, and annual cash flow is $3,373/yr on $71,936 invested. Return on cash invested sits at 24.6% in year one, and rental yield is 9.42% on a $217,000 entry. Equity gained on principal adds $1,400/yr, while 5% annual appreciation builds toward $59,953 over five years. Five-year ROI reaches 128.52% and total cumulative return in cash sums $92,453. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,704/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
8,558 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74015, Catoosa, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,917 (100%) |
| Owner Occupied HU | 2,578 (65.8%) |
| Renter Occupied HU | 1,028 (26.2%) |
| Vacant Housing Units | 311 ( 7.9%) |
| Median Home Value | $273,848 |
| Average Home Value | $294,813 |
Housing Distribution
Address Breakdown
Residential
3,591
Single Family
3,551
Multi-Family
40
Businesses
573
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