631 N Miller 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
Investment property for sale in Vinita at 631 N Miller St, Vinita, OK, 74301 offers a 6.39% rental yield on a $269,500 purchase with $1,434/mo rent. 05% in year one. Equity gained on principal adds $1,739/yr while 5% annual appreciation supports $74,458 over five years. Portfolio math shows five-year ROI at 82.42% and total cumulative return in cash at $73,632. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,434/mo property income against a $1,319/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
0.55 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: Traci Kunkel • Solid Rock REALTORS - Vinita
Mls Name: Northeast Oklahoma BOR
Mls ID: #25-758
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.