205 W Metcalf StGlencoeOK74032
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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 Glencoe at 205 W Metcalf St, Glencoe, OK, 74032 uses $61,328 cash to close to unlock $7,272/yr annual cash flow and $606/mo monthly cash flow. Total monthly income runs $1,787/mo, and a $905/mo payment keeps the spread at $606/mo. Purchase price stands at $185,000, and rental yield measures 11.59% with $1,787/mo rent. Return on cash invested shows 31.77% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 166.77% and total cumulative return in cash records $102,279. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,787/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 2024
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74032, Glencoe, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 977 (100%) |
| Owner Occupied HU | 620 (63.5%) |
| Renter Occupied HU | 168 (17.2%) |
| Vacant Housing Units | 189 (19.3%) |
| Median Home Value | $268,235 |
| Average Home Value | $313,347 |
Housing Distribution
Address Breakdown
Residential
919
Single Family
919
Multi-Family
0
Businesses
52
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