6501 Cherokee DrWarr AcresOK73132
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Warr Acres at 6501 Cherokee Dr, Warr Acres, OK, 73132 generates $1,901/mo in rent and, after a $852/mo payment, leaves $736/mo in cash flow. Total monthly income is $1,901/mo, and annual cash flow is $8,831/yr on $57,681 invested. Return on cash invested sits at 35.22% in year one, and rental yield is 13.11% on a $174,000 entry. Equity gained on principal adds $1,123/yr, while 5% annual appreciation builds toward $48,073 over five years. Five-year ROI reaches 185.6% and total cumulative return in cash sums $107,057. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,901/mo property income rather than buyer’s personal income.
Single Family
Built in 1963
9,665 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73132, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,303 (100%) |
| Owner Occupied HU | 6,405 (48.1%) |
| Renter Occupied HU | 5,344 (40.2%) |
| Vacant Housing Units | 1,554 (11.7%) |
| Median Home Value | $227,748 |
| Average Home Value | $258,965 |
Housing Distribution
Address Breakdown
Residential
12,817
Single Family
10,148
Multi-Family
2,669
Businesses
833
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brittany Bauss • Copper Creek Real Estate
Mls Name: MLSOK/OKCMAR
Mls Provider:
Mls ID: #1139350
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. This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. Copyright 2024 MLSOK, Inc. All rights reserved.