7 Cimarron TrlPerkinsOK74059
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 Perkins at 7 Cimarron Trl, Perkins, OK, 74059 generates $2,975/mo in rent and, after a $1,835/mo payment, leaves $564/mo in cash flow. Total monthly income is $2,975/mo, and annual cash flow is $6,772/yr on $124,313 invested. Return on cash invested sits at 25.36% in year one, and rental yield is 9.52% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 132.38% and total cumulative return in cash sums $164,571. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,975/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74059, Perkins, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,584 (100%) |
| Owner Occupied HU | 1,591 (61.6%) |
| Renter Occupied HU | 751 (29.1%) |
| Vacant Housing Units | 242 ( 9.4%) |
| Median Home Value | $203,125 |
| Average Home Value | $236,186 |
Housing Distribution
Address Breakdown
Residential
2,402
Single Family
2,402
Multi-Family
0
Businesses
234
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Debbie Clinesmith • FRONTIER REALTY
Mls Name: Stillwater MLS
Mls Provider:
Mls ID: #129842
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.