106 E Cole AveFletcherOK73541
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 106 E Cole Ave, Fletcher, OK, 73541 in Fletcher earns a 8.94% gross yield at $212,000. Rent of $1,579/mo nets $225/mo after the $953/mo mortgage. The 1.66 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $58,572 and $1,953/yr in equity accumulation project a total cumulative return of $95,079.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 6.2% |
| Monthly Cash Flow | $225 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,579 |
| Total Monthly Debt Service | $1,270 |
| DSCR Ratio | 1.24x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1964
0.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73541, Fletcher, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,890 (100%) |
| Owner Occupied HU | 1,300 (68.8%) |
| Renter Occupied HU | 381 (20.2%) |
| Vacant Housing Units | 209 (11.1%) |
| Median Home Value | $219,038 |
| Average Home Value | $222,212 |
Housing Distribution
Address Breakdown
Residential
1,209
Single Family
1,209
Multi-Family
0
Businesses
40
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
Single Family
Built in 1964
0.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73541, Fletcher, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,890 (100%) |
| Owner Occupied HU | 1,300 (68.8%) |
| Renter Occupied HU | 381 (20.2%) |
| Vacant Housing Units | 209 (11.1%) |
| Median Home Value | $219,038 |
| Average Home Value | $222,212 |
Housing Distribution
Address Breakdown
Residential
1,209
Single Family
1,209
Multi-Family
0
Businesses
40
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: JULIE BRIDGES • RE/MAX PROFESSIONALS
Mls Name: Lawton BOR
Mls ID: #169003
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.