1018 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 1018 SE 16th Ter, Newcastle, OK, 73065 earns $11/mo cash flow from $1,830/mo rent with a $1,394/mo payment. Total monthly income totals $1,830/mo, and annual cash flow totals $135/yr on $94,401 capital. ROI tracks 20.05% on current figures, and rental yield reads 7.71% at a $284,770 purchase. Equity gained on principal adds $1,838/yr, and 5% annual appreciation supports $78,677 over five years. Five-year ROI reaches 103.9% and total cumulative return in cash sums $98,082. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,830/mo property income instead of your personal income.
Single Family
Built in 2025
7,474 sqft lot
$N/A/sqft
No 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