521 E Electric AveMcAlesterOK74501
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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 McAlester at 521 E Electric Ave, McAlester, OK, 74501 at $185,000 posts ROI 34.65% with $753/mo cash flow from $1,937/mo rent. Total monthly income equals $1,937/mo, and annual cash flow records $9,037/yr on $61,328 to close. Return on cash invested measures 34.65% and rental yield reads 12.56% at the current $185,000. Equity gained on principal adds $1,194/yr, and 5% annual appreciation supports $51,112 by year five. Five-year ROI prints 182.23% and total cumulative return in cash totals $111,759.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,937/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1994
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74501, Mcalester, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,660 (100%) |
| Owner Occupied HU | 7,902 (57.8%) |
| Renter Occupied HU | 3,698 (27.1%) |
| Vacant Housing Units | 2,060 (15.1%) |
| Median Home Value | $174,645 |
| Average Home Value | $218,130 |
Housing Distribution
Address Breakdown
Residential
11,670
Single Family
11,093
Multi-Family
577
Businesses
1,061
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