617 S Seminole AveOkmulgeeOK74447
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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 Okmulgee at 617 S Seminole Ave, Okmulgee, OK, 74447 priced at $190,000 converts $1,560/mo rent into $347/mo cash flow after a $930/mo obligation. Total monthly income equals $1,560/mo, and annual cash flow totals $4,159/yr on $62,985 invested. Return on cash invested prints 26.51% in year one, and rental yield reads 9.85% against a $190,000 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation compiles into $52,494 by year five. Five-year ROI reaches 138.55% and total cumulative return in cash sums $87,264. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,560/mo property income covering a $930/mo payment, not borrower’s personal income.
Single Family
Built in 1918
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74447, Okmulgee, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,298 (100%) |
| Owner Occupied HU | 3,719 (51.0%) |
| Renter Occupied HU | 2,384 (32.7%) |
| Vacant Housing Units | 1,195 (16.4%) |
| Median Home Value | $115,382 |
| Average Home Value | $158,184 |
Housing Distribution
Address Breakdown
Residential
6,692
Single Family
6,177
Multi-Family
515
Businesses
717
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