618 E 9th StCherokeeOK73728
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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 Cherokee at 618 E 9th St, Cherokee, OK, 73728 priced at $117,443 pairs $1,552/mo rent with $768/mo cash flow after a $575/mo payment. Total monthly income equals $1,552/mo, and annual cash flow comes to $9,214/yr on $38,932 invested. Return on cash invested is 43.58% in year one, and rental yield stands at 15.86% on a $117,443 basis. Equity gained on principal adds $758/yr, and 5% annual appreciation accumulates to $32,447 by year five. Five-year ROI measures 230.42% and total cumulative return in cash reaches $89,708. For financing, Ziffy Mortgage’s DSCR program evaluates $1,552/mo property income against a $575/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1980
12,150 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73728, Cherokee, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 994 (100%) |
| Owner Occupied HU | 533 (53.6%) |
| Renter Occupied HU | 213 (21.4%) |
| Vacant Housing Units | 248 (24.9%) |
| Median Home Value | $125,798 |
| Average Home Value | $155,314 |
Housing Distribution
Address Breakdown
Residential
787
Single Family
787
Multi-Family
0
Businesses
110
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