2504 Old Morris Hwy
Okmulgee, OK 74447
List Price
$215,000
Initial Investment
$58,588Purchase Price
$215,000
Down Payment
25%
Rent
$1,650
Total Return
$73,189
Annualized Return
18.4%
Cap Rate
6.6%
Gross Yield
9.2%
Cash Flow
$1,784
Appreciation
5.3%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
100,188
HOA
None
Flood Risk
Not Required
Welcome to this inviting 3 bedroom 2.5 bath home, thoughtfully updated to offer modern comforts and style. Recent improvements, including new flooring, fresh paint, drywall updates, and beautiful updated kitchen, making this home move in ready. Sitting on a scenic 2.3 acre lot, this property boasts expansive outdoor spaces perfect for relaxation and recreation, complete with a sparkling pool and multiple barns for ample storage and hobby space. Enjoy the serene privacy and room to grow, all within a beautiful natural setting. Great location near OSU-IT and Loop 56. approximately 35-40 minutes south of Tulsa. Don’t miss the chance to make this charming, upgraded property your own.
See more in Analysis
Garrett Ayers
The Investor's Broker, LLC
OK Agent License #171032
Annual Financial Highlights
Expected Rent
$18,810Expenses
-$3,388Property Taxes
-$1,950Loan Payments
-$11,689Net Cash Flow
$1,784See more in Financials
Property Characteristics
Buyer's Agent
An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
- You can contact your Agent with questions even before making an offer.
- A professional home inspection will be conducted prior to closing. This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor. As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.
Property Management
Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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