6012 Matilda DrGlencoeOK74032
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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 Glencoe at 6012 Matilda Dr, Glencoe, OK, 74032 priced at $182,925 converts $1,358/mo rent into $190/mo cash flow after a $895/mo obligation. Total monthly income equals $1,358/mo, and annual cash flow totals $2,282/yr on $60,640 invested. Return on cash invested prints 23.67% in year one, and rental yield reads 8.91% against a $182,925 entry. Equity gained on principal adds $1,180/yr, while 5% annual appreciation compiles into $50,539 by year five. Five-year ROI reaches 123.36% and total cumulative return in cash sums $74,807. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,358/mo property income covering a $895/mo payment, not borrower’s personal income.
Manufactured
Built in 2007
5.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74032, Glencoe, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 977 (100%) |
| Owner Occupied HU | 620 (63.5%) |
| Renter Occupied HU | 168 (17.2%) |
| Vacant Housing Units | 189 (19.3%) |
| Median Home Value | $268,235 |
| Average Home Value | $313,347 |
Housing Distribution
Address Breakdown
Residential
919
Single Family
919
Multi-Family
0
Businesses
52
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Listed by: Jennifer Misener • CENTURY 21 GLOBAL, REALTORS
Mls Name: Stillwater MLS
Mls Provider:
Mls ID: #131378
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