611 Morningside DrSeminoleOK74868
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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 Seminole at 611 Morningside Dr, Seminole, OK, 74868 priced at $174,900 pairs $1,901/mo rent with $784/mo cash flow after a $856/mo payment. Total monthly income equals $1,901/mo, and annual cash flow comes to $9,409/yr on $57,979 invested. Return on cash invested is 36.14% in year one, and rental yield stands at 13.04% on a $174,900 basis. Equity gained on principal adds $1,129/yr, and 5% annual appreciation accumulates to $48,322 by year five. Five-year ROI measures 190.2% and total cumulative return in cash reaches $110,280. For financing, Ziffy Mortgage’s DSCR program evaluates $1,901/mo property income against a $856/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1958
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74868, Seminole, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,370 (100%) |
| Owner Occupied HU | 2,945 (54.8%) |
| Renter Occupied HU | 1,627 (30.3%) |
| Vacant Housing Units | 798 (14.9%) |
| Median Home Value | $118,238 |
| Average Home Value | $173,442 |
Housing Distribution
Address Breakdown
Residential
4,894
Single Family
4,759
Multi-Family
135
Businesses
387
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