20435 Palmer RdHarrahOK73045
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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 Harrah at 20435 Palmer Rd, Harrah, OK, 73045 uses $72,864 cash to close to unlock $3,242/yr annual cash flow and $270/mo monthly cash flow. Total monthly income runs $1,674/mo, and a $1,076/mo payment keeps the spread at $270/mo. Purchase price stands at $219,800, and rental yield measures 9.14% with $1,674/mo rent. Return on cash invested shows 24.36% in year one, and 5% annual appreciation builds toward $60,727 over five years. Five-year ROI reaches 127.02% and total cumulative return in cash records $92,552. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,674/mo property income covering a $1,076/mo payment rather than investor’s personal income.
Single Family
Built in 1980
9,801 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73045, Harrah, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,082 (100%) |
| Owner Occupied HU | 3,626 (71.3%) |
| Renter Occupied HU | 1,099 (21.6%) |
| Vacant Housing Units | 357 ( 7.0%) |
| Median Home Value | $279,295 |
| Average Home Value | $317,610 |
Housing Distribution
Address Breakdown
Residential
4,808
Single Family
4,776
Multi-Family
32
Businesses
273
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