1606 N Chambers TerClaremoreOK74017
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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 Claremore at 1606 N Chambers Ter, Claremore, OK, 74017 generates $1,680/mo in rent and, after a $854/mo payment, leaves $566/mo in cash flow. Total monthly income is $1,680/mo, and annual cash flow is $6,788/yr on $57,847 invested. Return on cash invested sits at 31.64% in year one, and rental yield is 11.55% on a $174,500 entry. Equity gained on principal adds $1,126/yr, while 5% annual appreciation builds toward $48,211 over five years. Five-year ROI reaches 166.07% and total cumulative return in cash sums $96,066. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,680/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74017, Claremore, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,680 (100%) |
| Owner Occupied HU | 7,846 (61.9%) |
| Renter Occupied HU | 3,807 (30.0%) |
| Vacant Housing Units | 1,027 ( 8.1%) |
| Median Home Value | $245,399 |
| Average Home Value | $284,890 |
Housing Distribution
Address Breakdown
Residential
12,075
Single Family
11,567
Multi-Family
508
Businesses
897
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