600 S Cherokee StCatoosaOK74015
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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 600 S Cherokee St, Catoosa, OK, 74015 offers $1,434/mo rent that, after a $2,193/mo payment. Total monthly income is $1,434/mo. Return on cash invested measures 8.38% in year one, and rental yield stands at 3.84% at a $448,000 entry. Equity gained on principal adds $2,891/yr while 5% annual appreciation compounds into $123,774 by year five. Five-year ROI records 41.26% and total cumulative return in cash reaches $61,274. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,434/mo property income versus a $2,193/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.50 Acres 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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