924 Vine StChelseaOK74016
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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 Chelsea at 924 Vine St, Chelsea, OK, 74016 uses $128,954 cash to close to unlock $9,273/yr annual cash flow and $773/mo monthly cash flow. Total monthly income runs $3,257/mo, and a $1,904/mo payment keeps the spread at $773/mo. Purchase price stands at $389,000, and rental yield measures 10.05% with $3,257/mo rent. Return on cash invested shows 27.1% in year one, and 5% annual appreciation builds toward $107,474 over five years. Five-year ROI reaches 141.66% and total cumulative return in cash records $182,670. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,257/mo property income covering a $1,904/mo payment rather than investor’s personal income.
Single Family
Built in 1940
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74016, Chelsea, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,729 (100%) |
| Owner Occupied HU | 1,772 (64.9%) |
| Renter Occupied HU | 664 (24.3%) |
| Vacant Housing Units | 293 (10.7%) |
| Median Home Value | $213,781 |
| Average Home Value | $248,220 |
Housing Distribution
Address Breakdown
Residential
2,413
Single Family
2,402
Multi-Family
11
Businesses
141
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