6024 E Elk LnStillwaterOK74075
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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 Stillwater at 6024 E Elk Ln, Stillwater, OK, 74075 earns from $2,640/mo rent with a $2,099/mo payment. Total monthly income totals $2,640/mo. ROI tracks 19.08% on current figures, and rental yield reads 7.39% at a $428,900 purchase. Equity gained on principal adds $2,768/yr, and 5% annual appreciation supports $118,497 over five years. Five-year ROI reaches 98.64% and total cumulative return in cash sums $140,249. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,640/mo property income instead of your personal income.
Single Family
Built in 2025
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74075, Stillwater, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,530 (100%) |
| Owner Occupied HU | 4,161 (33.2%) |
| Renter Occupied HU | 6,451 (51.5%) |
| Vacant Housing Units | 1,918 (15.3%) |
| Median Home Value | $277,649 |
| Average Home Value | $337,380 |
Housing Distribution
Address Breakdown
Residential
11,931
Single Family
9,706
Multi-Family
2,225
Businesses
581
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Listed by: Montie Stewart • REAL ESTATE PROFESSIONALS
Mls Name: Stillwater MLS
Mls ID: #133282