976 W Summit StMuskogeeOK74403
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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 Muskogee at 976 W Summit St, Muskogee, OK, 74403 uses $34,808 cash to close to unlock $4,276/yr annual cash flow and $356/mo monthly cash flow. Total monthly income runs $1,027/mo, and a $514/mo payment keeps the spread at $356/mo. Purchase price stands at $105,000, and rental yield measures 11.74% with $1,027/mo rent. Return on cash invested shows 32.19% in year one, and 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 169.11% and total cumulative return in cash records $58,862. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,027/mo property income covering a $514/mo payment rather than investor’s personal income.
Single Family
Built in 1940
7,230 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74403, Muskogee, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,388 (100%) |
| Owner Occupied HU | 7,138 (53.3%) |
| Renter Occupied HU | 4,499 (33.6%) |
| Vacant Housing Units | 1,751 (13.1%) |
| Median Home Value | $166,442 |
| Average Home Value | $199,164 |
Housing Distribution
Address Breakdown
Residential
12,716
Single Family
11,451
Multi-Family
1,265
Businesses
814
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