Investing in Creek County
Creek County covers 2 rental markets we actively finance in Oklahoma — Bristow, Sapulpa. Across those markets the median investment basis averages $177,500, a long-term lease averages $1,275/month, and the average all-in PITIA on a DSCR loan at the minimum down payment is $1,212. That produces a county-wide average DSCR ratio near 1.08x.
Basis varies more inside Creek County than the average suggests. Bristow is the lowest entry point at roughly $155,000, while Bristow currently models the strongest coverage ratio in the county at 1.28x. When two towns in the same county ratio differently, it is almost always the rent-to-price relationship rather than the rate — the same loan pricing applies county-wide, so the deal is won on which submarket you buy in.