12143 Stone Ridge LnFletcherOK73541
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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 Fletcher at 12143 Stone Ridge Ln, Fletcher, OK, 73541 offers a 9.25% rental yield on a $306,000 purchase with $2,360/mo rent. Total monthly income registers $2,360/mo, and a $1,498/mo payment leaves $406/mo available for distribution. Annual cash flow reaches $4,867/yr on $101,439 to close, and return on cash invested stands at 24.71% in year one. Equity gained on principal adds $1,975/yr while 5% annual appreciation supports $84,542 over five years. Portfolio math shows five-year ROI at 128.85% and total cumulative return in cash at $130,704. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,360/mo property income against a $1,498/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
N/A 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
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Listed by: Lauren Brown • CENTURY 21 FIRST CHOICE REALTY
Mls Name: Lawton BOR
Mls ID: #168573
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.