603 Elgin StMuskogeeOK74401
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Muskogee at 603 Elgin St, Muskogee, OK, 74401 offers $1,524/mo rent that, after a $4,895/mo payment. Total monthly income is $1,524/mo. Return on cash invested measures 2.32% in year one, and rental yield stands at 1.83% at a $1,000,000 entry. Equity gained on principal adds $6,453/yr while 5% annual appreciation compounds into $276,282 by year five. Five-year ROI records 8.78% and total cumulative return in cash reaches $28,876. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,524/mo property income versus a $4,895/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74401, Muskogee, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,704 (100%) |
| Owner Occupied HU | 3,409 (44.2%) |
| Renter Occupied HU | 3,131 (40.6%) |
| Vacant Housing Units | 1,164 (15.1%) |
| Median Home Value | $161,137 |
| Average Home Value | $195,312 |
Housing Distribution
Address Breakdown
Residential
6,981
Single Family
6,205
Multi-Family
776
Businesses
1,004
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