170 Serpentine StLone GroveOK73443
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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 Lone Grove at 170 Serpentine St, Lone Grove, OK, 73443 uses $114,368 cash to close to unlock $4,564/yr annual cash flow and $380/mo monthly cash flow. Total monthly income runs $2,584/mo, and a $1,689/mo payment keeps the spread at $380/mo. Purchase price stands at $345,000, and rental yield measures 8.99% with $2,584/mo rent. Return on cash invested shows 23.9% in year one, and 5% annual appreciation builds toward $95,317 over five years. Five-year ROI reaches 124.52% and total cumulative return in cash records $142,408. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,584/mo property income covering a $1,689/mo payment rather than investor’s personal income.
Single Family
Built in 1977
1.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73443, Lone Grove, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,345 (100%) |
| Owner Occupied HU | 923 (68.6%) |
| Renter Occupied HU | 325 (24.2%) |
| Vacant Housing Units | 97 ( 7.2%) |
| Median Home Value | $184,844 |
| Average Home Value | $201,993 |
Housing Distribution
Address Breakdown
Residential
1,000
Single Family
969
Multi-Family
31
Businesses
115
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Listed by: Hannah Lewis • Ardmore Realty, Inc
Mls Name: MLS Technology, Inc.
Mls ID: #2600234