705 W 3rd StSkiatookOK74070
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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 Skiatook at 705 W 3rd St, Skiatook, OK, 74070 listed at $185,000 pairs $1,665/mo rent with a $905/mo payment to leave $484/mo cash flow. Total monthly income runs $1,665/mo, and annual cash flow reaches $5,808/yr on $61,328 cash to close. Return on cash invested measures 29.38% in year one, and rental yield registers 10.8% at a $185,000 basis. Equity gained on principal adds $1,194/yr, and annual property appreciation at 5% supports $51,112 by year five. Five-year ROI tracks 153.98% and total cumulative return in cash totals $94,431. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,665/mo property income relative to a $905/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1967
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74070, Skiatook, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,349 (100%) |
| Owner Occupied HU | 4,488 (70.7%) |
| Renter Occupied HU | 1,392 (21.9%) |
| Vacant Housing Units | 469 ( 7.4%) |
| Median Home Value | $244,956 |
| Average Home Value | $273,890 |
Housing Distribution
Address Breakdown
Residential
6,098
Single Family
5,943
Multi-Family
155
Businesses
480
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Listed by: Judy Kay Marrs • Coldwell Banker Select
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2524955
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.