115 E Lake DrMedicine ParkOK73557
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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 Medicine Park at 115 E Lake Dr, Medicine Park, OK, 73557 at $575,000 posts ROI 6.78% with from $1,578/mo rent. Total monthly income equals $1,578/mo. Return on cash invested measures 6.78% and rental yield reads 3.29% at the current $575,000. Equity gained on principal adds $3,710/yr, and 5% annual appreciation supports $158,862 by year five. Five-year ROI prints 32.67% and total cumulative return in cash totals $61,811. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,578/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2000
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73557, Medicine Park, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 213 (100%) |
| Owner Occupied HU | 121 (56.8%) |
| Renter Occupied HU | 22 (10.3%) |
| Vacant Housing Units | 70 (32.9%) |
| Median Home Value | $358,108 |
| Average Home Value | $366,302 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
28
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Listed by: Pamela Marion • RE/MAX PROFESSIONALS (BO)
Mls Name: Lawton BOR
Mls ID: #168604
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.