120 Granite Ridge CirCirOK73557
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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 Cir at 120 Granite Ridge Cir, Cir, OK, 73557 generates $1,998/mo in rent, after a $1,652/mo payment. Total monthly income is $1,998/mo. Return on cash invested sits at 18.22% in year one, and rental yield is 7.1% on a $337,500 entry. Equity gained on principal adds $2,178/yr, while 5% annual appreciation builds toward $93,245 over five years. Five-year ROI reaches 94.05% and total cumulative return in cash sums $105,229. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,998/mo property income rather than buyer’s personal income.
Single Family
Built in 2010
0.26 Acres 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: Kimberly Thomas • RE/MAX PROFESSIONALS
Mls Name: Lawton BOR
Mls ID: #169075
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.