1143 State StLamontOK74643
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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
Investment property for sale in Lamont at 1143 State St, Lamont, OK, 74643 uses $38,454 cash to close to unlock $2,052/yr annual cash flow and $171/mo monthly cash flow. Total monthly income runs $912/mo, and a $568/mo payment keeps the spread at $171/mo. Purchase price stands at $116,000, and rental yield measures 9.43% with $912/mo rent. Return on cash invested shows 25.24% in year one, and 5% annual appreciation builds toward $32,049 over five years. Five-year ROI reaches 131.72% and total cumulative return in cash records $50,651. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $912/mo property income covering a $568/mo payment rather than investor’s personal income.
Single Family
Built in 1920
9,660 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74643, Lamont, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 297 (100%) |
| Owner Occupied HU | 172 (57.9%) |
| Renter Occupied HU | 44 (14.8%) |
| Vacant Housing Units | 81 (27.3%) |
| Median Home Value | $81,429 |
| Average Home Value | $126,613 |
Housing Distribution
Address Breakdown
Residential
166
Single Family
166
Multi-Family
0
Businesses
18
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