123 Park Lake DrMeadOK73449
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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 Mead at 123 Park Lake Dr, Mead, OK, 73449 earns $99/mo cash flow from $2,328/mo rent with a $1,708/mo payment. Total monthly income totals $2,328/mo, and annual cash flow totals $1,193/yr on $115,694 capital. ROI tracks 20.94% on current figures, and rental yield reads 8% at a $349,000 purchase. Equity gained on principal adds $2,252/yr, and 5% annual appreciation supports $96,422 over five years. Five-year ROI reaches 108.64% and total cumulative return in cash sums $125,688. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,328/mo property income instead of your personal income.
Single Family
Built in 2004
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73449, Mead, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,857 (100%) |
| Owner Occupied HU | 1,050 (56.5%) |
| Renter Occupied HU | 336 (18.1%) |
| Vacant Housing Units | 471 (25.4%) |
| Median Home Value | $181,786 |
| Average Home Value | $236,955 |
Housing Distribution
Address Breakdown
Residential
1,407
Single Family
1,407
Multi-Family
0
Businesses
53
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