1710 Addington RdNewcastleOK73065
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Newcastle at 1710 Addington Rd, Newcastle, OK, 73065 uses $93,317 cash to close to unlock $4,405/yr annual cash flow and $367/mo monthly cash flow. Total monthly income runs $2,165/mo, and a $1,378/mo payment keeps the spread at $367/mo. Purchase price stands at $281,500, and rental yield measures 9.23% with $2,165/mo rent. Return on cash invested shows 24.63% in year one, and 5% annual appreciation builds toward $77,773 over five years. Five-year ROI reaches 128.45% and total cumulative return in cash records $119,868. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,165/mo property income covering a $1,378/mo payment rather than investor’s personal income.
Single Family
Built in 2024
7,492 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73065, Newcastle, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,437 (100%) |
| Owner Occupied HU | 3,363 (75.8%) |
| Renter Occupied HU | 862 (19.4%) |
| Vacant Housing Units | 212 ( 4.8%) |
| Median Home Value | $249,373 |
| Average Home Value | $302,021 |
Housing Distribution
Address Breakdown
Residential
4,816
Single Family
4,816
Multi-Family
0
Businesses
491
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices