630 N Foreman StVinitaOK74301
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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 Vinita at 630 N Foreman St, Vinita, OK, 74301 priced at $218,500 pairs $1,526/mo rent with $131/mo cash flow after a $1,069/mo payment. Total monthly income equals $1,526/mo, and annual cash flow comes to $1,573/yr on $72,433 invested. Return on cash invested is 22.08% in year one, and rental yield stands at 8.38% on a $218,500 basis. Equity gained on principal adds $1,410/yr, and 5% annual appreciation accumulates to $60,368 by year five. Five-year ROI measures 114.8% and total cumulative return in cash reaches $83,156. For financing, Ziffy Mortgage’s DSCR program evaluates $1,526/mo property income against a $1,069/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1956
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74301, Vinita, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,869 (100%) |
| Owner Occupied HU | 3,187 (54.3%) |
| Renter Occupied HU | 1,504 (25.6%) |
| Vacant Housing Units | 1,178 (20.1%) |
| Median Home Value | $168,941 |
| Average Home Value | $231,353 |
Housing Distribution
Address Breakdown
Residential
4,719
Single Family
4,635
Multi-Family
84
Businesses
560
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Listed by: Bob Hart • Keller Williams Realty Grand Lake
Mls Name: Northeast Oklahoma BOR
Mls ID: #25-1180
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.