18200 Hickory LnNewallaOK74857
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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 Newalla at 18200 Hickory Ln, Newalla, OK, 74857 uses $46,079 cash to close to unlock $7,472/yr annual cash flow and $623/mo monthly cash flow. Total monthly income runs $1,510/mo, and a $680/mo payment keeps the spread at $623/mo. Purchase price stands at $139,000, and rental yield measures 13.04% with $1,510/mo rent. Return on cash invested shows 36.12% in year one, and 5% annual appreciation builds toward $38,403 over five years. Five-year ROI reaches 190.1% and total cumulative return in cash records $87,596. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,510/mo property income covering a $680/mo payment rather than investor’s personal income.
Single Family
Built in 2022
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74857, Newalla, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,836 (100%) |
| Owner Occupied HU | 3,147 (82.0%) |
| Renter Occupied HU | 415 (10.8%) |
| Vacant Housing Units | 274 ( 7.1%) |
| Median Home Value | $250,150 |
| Average Home Value | $268,321 |
Housing Distribution
Address Breakdown
Residential
3,783
Single Family
3,783
Multi-Family
0
Businesses
114
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