28415 E 138th St S

Coweta, OK 74429
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3 bd, 2 ba | 1,314 sqft | Built in 1978

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List Price
$180,000

Initial Investment

$49,050

Purchase Price

$180,000

Down Payment

25%

Rent

$1,360

Total Return

$44,546

Annualized Return

14.4%

Cap Rate

6.4%

Gross Yield

9.1%

Cash Flow

$1,148

Appreciation

3.9%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

11,378

HOA

None

Flood Risk

Not Required

Looking for the perfect starter home or investment property? This home has tons of potential! With a newer carpet and a great layout, it is move-in ready and waiting for its next owner! One of the best features? A bonus structure in the backyard! You can turn it into a guest house, a home office, a creative studio or can even convert it back into another 2-car garage. It is a flexible space that can work for whatever you need. Conveniently located in the heart of Coweta!

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Garrett Ayers
The Investor's Broker, LLC
OK Agent License #171032

Annual Financial Highlights

Expected Rent

$15,504

Expenses

-$2,770

Property Taxes

-$1,800

Loan Payments

-$9,786

Net Cash Flow

$1,148

See 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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SourceMLS Technology Inc. (Tulsa)
MLS #2509621
Last Updated: 03/13/2025 16:03
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