13603 E Lakeview RdGlencoeOK74032
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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 Glencoe at 13603 E Lakeview Rd, Glencoe, OK, 74032 uses $115,495 cash to close to unlock $5,400/yr annual cash flow and $450/mo monthly cash flow. Total monthly income runs $2,682/mo, and a $1,705/mo payment keeps the spread at $450/mo. Purchase price stands at $348,400, and rental yield measures 9.24% with $2,682/mo rent. Return on cash invested shows 24.58% in year one, and 5% annual appreciation builds toward $96,257 over five years. Five-year ROI reaches 128.25% and total cumulative return in cash records $148,120. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,682/mo property income covering a $1,705/mo payment rather than investor’s personal income.
Single Family
Built in 1966
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74032, Glencoe, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 977 (100%) |
| Owner Occupied HU | 620 (63.5%) |
| Renter Occupied HU | 168 (17.2%) |
| Vacant Housing Units | 189 (19.3%) |
| Median Home Value | $268,235 |
| Average Home Value | $313,347 |
Housing Distribution
Address Breakdown
Residential
919
Single Family
919
Multi-Family
0
Businesses
52
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