623 W 3rd StSkiatookOK74070
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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 Skiatook at 623 W 3rd St, Skiatook, OK, 74070 offers a 8.78% rental yield on a $169,000 purchase with $1,236/mo rent. Total monthly income registers $1,236/mo, and a $827/mo payment leaves $157/mo available for distribution. Annual cash flow reaches $1,883/yr on $56,024 to close, and return on cash invested stands at 23.27% in year one. Equity gained on principal adds $1,091/yr while 5% annual appreciation supports $46,692 over five years. Portfolio math shows five-year ROI at 121.1% and total cumulative return in cash at $67,843. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,236/mo property income against a $827/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74070, Skiatook, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,349 (100%) |
| Owner Occupied HU | 4,488 (70.7%) |
| Renter Occupied HU | 1,392 (21.9%) |
| Vacant Housing Units | 469 ( 7.4%) |
| Median Home Value | $244,956 |
| Average Home Value | $273,890 |
Housing Distribution
Address Breakdown
Residential
6,098
Single Family
5,943
Multi-Family
155
Businesses
480
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Listed by: Tina Bell • Keller Williams Preferred
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2507527
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.