709 S Arno StCoalgateOK74538
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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 Coalgate at 709 S Arno St, Coalgate, OK, 74538 with 5% annual appreciation on a $200,000 basis while $1,477/mo rent supports operations. Total monthly income totals $1,477/mo and a $979/mo payment preserves $200/mo for cash returns. Annual cash flow comes to $2,396/yr on $66,300 deployed, and return on cash invested reaches 23.52% in year one. Equity gained on principal adds $1,291/yr, and five-year appreciation sums $55,256 alongside rental yield of 8.86%. Five-year ROI measures 122.51% and total cumulative return in cash totals $81,224.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,477/mo property income versus a $979/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2013
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74538, Coalgate, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,809 (100%) |
| Owner Occupied HU | 1,010 (55.8%) |
| Renter Occupied HU | 472 (26.1%) |
| Vacant Housing Units | 327 (18.1%) |
| Median Home Value | $100,250 |
| Average Home Value | $148,465 |
Housing Distribution
Address Breakdown
Residential
1,715
Single Family
1,691
Multi-Family
24
Businesses
191
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Listed by: Rodrick Steele • Turbo Time Realty LLC
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2517956
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.