623 Lawrence StMuskogeeOK74403
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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 Muskogee at 623 Lawrence St, Muskogee, OK, 74403 priced at $179,500 converts $1,543/mo rent into $396/mo cash flow after a $879/mo obligation. Total monthly income equals $1,543/mo, and annual cash flow totals $4,755/yr on $59,504 invested. Return on cash invested prints 27.9% in year one, and rental yield reads 10.32% against a $179,500 entry. Equity gained on principal adds $1,158/yr, while 5% annual appreciation compiles into $49,593 by year five. Five-year ROI reaches 146.03% and total cumulative return in cash sums $86,896. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,543/mo property income covering a $879/mo payment, not borrower’s personal income.
Single Family
Built in 1940
6,795 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74403, Muskogee, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,388 (100%) |
| Owner Occupied HU | 7,138 (53.3%) |
| Renter Occupied HU | 4,499 (33.6%) |
| Vacant Housing Units | 1,751 (13.1%) |
| Median Home Value | $166,442 |
| Average Home Value | $199,164 |
Housing Distribution
Address Breakdown
Residential
12,716
Single Family
11,451
Multi-Family
1,265
Businesses
814
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Listed by: Monica Medley • C21/First Choice Realty
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2512245
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.