11611 Carefree LnShawneeOK74804
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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
Rental property for sale in Shawnee at 11611 Carefree Ln, Shawnee, OK, 74804 generates $2,753/mo in rent and, after a $1,667/mo payment, leaves $469/mo in cash flow. Total monthly income is $2,753/mo, and annual cash flow is $5,624/yr on $112,909 invested. Return on cash invested sits at 24.89% in year one, and rental yield is 9.7% on a $340,600 entry. Equity gained on principal adds $2,198/yr, while 5% annual appreciation builds toward $94,102 over five years. Five-year ROI reaches 130.23% and total cumulative return in cash sums $147,039. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,753/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74804, Shawnee, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,272 (100%) |
| Owner Occupied HU | 5,623 (60.6%) |
| Renter Occupied HU | 2,856 (30.8%) |
| Vacant Housing Units | 793 ( 8.6%) |
| Median Home Value | $236,890 |
| Average Home Value | $253,463 |
Housing Distribution
Address Breakdown
Residential
9,144
Single Family
8,395
Multi-Family
749
Businesses
733
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