2008 Lanesboro DrOklahoma CityOK73120
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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 Oklahoma City at 2008 Lanesboro Dr, Oklahoma City, OK, 73120 uses $79,560 cash to close to unlock $5,604/yr annual cash flow and $467/mo monthly cash flow. Total monthly income runs $2,000/mo, and a $1,175/mo payment keeps the spread at $467/mo. Purchase price stands at $240,000, and rental yield measures 10% with $2,000/mo rent. Return on cash invested shows 26.95% in year one, and 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 140.85% and total cumulative return in cash records $112,058. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,000/mo property income covering a $1,175/mo payment rather than investor’s personal income.
Single Family
Built in 1959
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73120, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,050 (100%) |
| Owner Occupied HU | 9,138 (45.6%) |
| Renter Occupied HU | 8,625 (43.0%) |
| Vacant Housing Units | 2,287 (11.4%) |
| Median Home Value | $282,510 |
| Average Home Value | $370,797 |
Housing Distribution
Address Breakdown
Residential
19,393
Single Family
12,919
Multi-Family
6,474
Businesses
1,138
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Listed by: Brie Green • Metro First Realty
Mls Name: MLSOK/OKCMAR
Mls ID: #1204731