1929 Lexington RdClaremoreOK74017
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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 Claremore at 1929 Lexington Rd, Claremore, OK, 74017 uses $69,615 cash to close to unlock $4,149/yr annual cash flow and $346/mo monthly cash flow. Total monthly income runs $1,687/mo, and a $1,028/mo payment keeps the spread at $346/mo. Purchase price stands at $210,000, and rental yield measures 9.64% with $1,687/mo rent. Return on cash invested shows 25.87% in year one, and 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 135.06% and total cumulative return in cash records $94,024. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,687/mo property income covering a $1,028/mo payment rather than investor’s personal income.
Single Family
Built in 1999
6,708 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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