705 NW 8th StChecotahOK74426
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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 Checotah at 705 NW 8th St, Checotah, OK, 74426 earns $170/mo cash flow from $971/mo rent with a $614/mo payment. Total monthly income totals $971/mo, and annual cash flow totals $2,037/yr on $41,603 capital. ROI tracks 24.81% on current figures, and rental yield reads 9.28% at a $125,500 purchase. Equity gained on principal adds $810/yr, and 5% annual appreciation supports $34,673 over five years. Five-year ROI reaches 129.38% and total cumulative return in cash sums $53,826. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $971/mo property income instead of your personal income.
Single Family
Built in 1975
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74426, Checotah, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,024 (100%) |
| Owner Occupied HU | 3,169 (52.6%) |
| Renter Occupied HU | 927 (15.4%) |
| Vacant Housing Units | 1,928 (32.0%) |
| Median Home Value | $160,237 |
| Average Home Value | $192,132 |
Housing Distribution
Address Breakdown
Residential
4,082
Single Family
3,961
Multi-Family
121
Businesses
370
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Listed by: Annie Hatfield • McGraw, REALTORS
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2509854
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.