1 SE Shadowlake Dr #1BartlesvilleOK74006
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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
Rental property for sale in Bartlesville at 1 SE Shadowlake Dr #1, Bartlesville, OK, 74006 priced at $209,900 converts $1,680/mo rent into $340/mo cash flow after a $1,027/mo obligation. Total monthly income equals $1,680/mo, and annual cash flow totals $4,079/yr on $69,582 invested. Return on cash invested prints 25.77% in year one, and rental yield reads 9.6% against a $209,900 entry. Equity gained on principal adds $1,354/yr, while 5% annual appreciation compiles into $57,992 by year five. Five-year ROI reaches 134.55% and total cumulative return in cash sums $93,620. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,680/mo property income covering a $1,027/mo payment, not borrower’s personal income.
Condo
Built in 1973
1,916 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74006, Bartlesville, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,404 (100%) |
| Owner Occupied HU | 8,266 (66.6%) |
| Renter Occupied HU | 3,133 (25.3%) |
| Vacant Housing Units | 1,005 ( 8.1%) |
| Median Home Value | $212,189 |
| Average Home Value | $251,773 |
Housing Distribution
Address Breakdown
Residential
12,106
Single Family
11,209
Multi-Family
897
Businesses
913
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Listed by: Amber Hough • Keller Williams Realty
Mls Name: MLS Technology, Inc.
Mls ID: #2551410