1008 N Cherokee AveClaremoreOK74017
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Claremore at 1008 N Cherokee Ave, Claremore, OK, 74017 priced at $164,700 pairs $1,129/mo rent with $77/mo cash flow after a $806/mo payment. Total monthly income equals $1,129/mo, and annual cash flow comes to $928/yr on $54,598 invested. Return on cash invested is 21.61% in year one, and rental yield stands at 8.23% on a $164,700 basis. Equity gained on principal adds $1,063/yr, and 5% annual appreciation accumulates to $45,504 by year five. Five-year ROI measures 112.29% and total cumulative return in cash reaches $61,309. For financing, Ziffy Mortgage’s DSCR program evaluates $1,129/mo property income against a $806/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74017, Claremore, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,680 (100%) |
| Owner Occupied HU | 7,846 (61.9%) |
| Renter Occupied HU | 3,807 (30.0%) |
| Vacant Housing Units | 1,027 ( 8.1%) |
| Median Home Value | $245,399 |
| Average Home Value | $284,890 |
Housing Distribution
Address Breakdown
Residential
12,075
Single Family
11,567
Multi-Family
508
Businesses
897
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices