618 Chieftan DrWetumkaOK74883
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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 Wetumka at 618 Chieftan Dr, Wetumka, OK, 74883 with 5% annual appreciation on a $195,999 basis while $1,384/mo rent supports operations. Total monthly income totals $1,384/mo and a $959/mo payment preserves $133/mo for cash returns. Annual cash flow comes to $1,592/yr on $64,974 deployed, and return on cash invested reaches 22.36% in year one. Equity gained on principal adds $1,265/yr, and five-year appreciation sums $54,151 alongside rental yield of 8.47%. Five-year ROI measures 116.24% and total cumulative return in cash totals $75,528.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,384/mo property income versus a $959/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1920
25.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74883, Wetumka, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,025 (100%) |
| Owner Occupied HU | 592 (57.8%) |
| Renter Occupied HU | 252 (24.6%) |
| Vacant Housing Units | 181 (17.7%) |
| Median Home Value | $93,636 |
| Average Home Value | $133,260 |
Housing Distribution
Address Breakdown
Residential
966
Single Family
931
Multi-Family
35
Businesses
93
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