508 E Sarah AveSallisawOK74955
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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 Sallisaw at 508 E Sarah Ave, Sallisaw, OK, 74955 generates $1,121/mo in rent and, after a $778/mo payment, leaves $106/mo in cash flow. Total monthly income is $1,121/mo, and annual cash flow is $1,270/yr on $52,709 invested. Return on cash invested sits at 22.32% in year one, and rental yield is 8.46% on a $159,000 entry. Equity gained on principal adds $1,026/yr, while 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 116.02% and total cumulative return in cash sums $61,152. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,121/mo property income rather than buyer’s personal income.
Single Family
Built in 1977
6,351 sqft 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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Listed by: Team Mosby • Mosby Group Real Estate & Development, LLC
Mls Name: Western River Valley BOR
Mls ID: #1080991
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.