1013 SE 16th TerNewcastleOK73065
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
Investment property for sale in Newcastle at 1013 SE 16th Ter, Newcastle, OK, 73065 earns $13/mo cash flow from $1,894/mo rent with a $1,426/mo payment. Total monthly income totals $1,894/mo, and annual cash flow totals $150/yr on $96,596 capital. ROI tracks 20.06% on current figures, and rental yield reads 7.8% at a $291,391 purchase. Equity gained on principal adds $1,880/yr, and 5% annual appreciation supports $80,506 over five years. Five-year ROI reaches 104.04% and total cumulative return in cash sums $100,497. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,894/mo property income instead of your personal income.
Single Family
Built in 2025
7,200 sqft lot
$N/A/sqft
$250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73065, Newcastle, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,437 (100%) |
| Owner Occupied HU | 3,363 (75.8%) |
| Renter Occupied HU | 862 (19.4%) |
| Vacant Housing Units | 212 ( 4.8%) |
| Median Home Value | $249,373 |
| Average Home Value | $302,021 |
Housing Distribution
Address Breakdown
Residential
4,816
Single Family
4,816
Multi-Family
0
Businesses
491
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John Burris • Central Oklahoma Real Estate
Mls Name: MLSOK/OKCMAR
Mls Provider:
Mls ID: #1196965
Disclaimer: Based on information submitted to the MLS GRID as of 2025-12-18 03:03:21 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#88)