6538 NE 110th RdRed OakOK74563
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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 Red Oak at 6538 NE 110th Rd, Red Oak, OK, 74563 generates $1,009/mo in rent, after a $3,079/mo payment. Total monthly income is $1,009/mo. Return on cash invested sits at 2.62% in year one, and rental yield is 1.92% on a $629,000 entry. Equity gained on principal adds $4,059/yr, while 5% annual appreciation builds toward $173,781 over five years. Five-year ROI reaches 10.34% and total cumulative return in cash sums $21,393. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,009/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74563, Red Oak, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 841 (100%) |
| Owner Occupied HU | 559 (66.5%) |
| Renter Occupied HU | 131 (15.6%) |
| Vacant Housing Units | 151 (18.0%) |
| Median Home Value | $121,655 |
| Average Home Value | $185,313 |
Housing Distribution
Address Breakdown
Residential
582
Single Family
582
Multi-Family
0
Businesses
39
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Listed by: Monte Shockley II • Shockley-Cooper Realty & Auctions
Mls Name: Western River Valley BOR
Mls ID: #1080353
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.