60 N Redwood CirSallisawOK74955
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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 Sallisaw at 60 N Redwood Cir, Sallisaw, OK, 74955 offers a 8.45% rental yield on a $217,500 purchase with $1,531/mo rent. Total monthly income registers $1,531/mo, and a $1,065/mo payment leaves $142/mo available for distribution. Annual cash flow reaches $1,699/yr on $72,101 to close, and return on cash invested stands at 22.27% in year one. Equity gained on principal adds $1,403/yr while 5% annual appreciation supports $60,091 over five years. Portfolio math shows five-year ROI at 115.76% and total cumulative return in cash at $83,466. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,531/mo property income against a $1,065/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
9,147 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: Edna Kimble • C21/Wright Real Estate
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2517453
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.