611 Delaware StPerryOK73077
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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 Perry at 611 Delaware St, Perry, OK, 73077 priced at $305,000 converts $1,200/mo rent into after a $1,493/mo obligation. Total monthly income equals $1,200/mo. Return on cash invested prints 11.03% in year one, and rental yield reads 4.72% against a $305,000 entry. Equity gained on principal adds $1,968/yr, while 5% annual appreciation compiles into $84,266 by year five. Five-year ROI reaches 55.53% and total cumulative return in cash sums $56,146. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,200/mo property income covering a $1,493/mo payment, not borrower’s personal income.
Single Family
Built in 1936
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73077, Perry, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,222 (100%) |
| Owner Occupied HU | 2,050 (63.6%) |
| Renter Occupied HU | 705 (21.9%) |
| Vacant Housing Units | 467 (14.5%) |
| Median Home Value | $175,000 |
| Average Home Value | $278,622 |
Housing Distribution
Address Breakdown
Residential
2,872
Single Family
2,831
Multi-Family
41
Businesses
305
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Listed by: Jessica Jackson • Platinum Real Estate Assoc.
Mls Name: Stillwater MLS
Mls Provider:
Mls ID: #131618
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.