206 SW 3rd StLindsayOK73052
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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
Rental property for sale in Lindsay at 206 SW 3rd St, Lindsay, OK, 73052 generates $1,259/mo in rent and, after a $905/mo payment, leaves $78/mo in cash flow. Total monthly income is $1,259/mo, and annual cash flow is $936/yr on $61,328 invested. Return on cash invested sits at 21.44% in year one, and rental yield is 8.17% on a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 111.38% and total cumulative return in cash sums $68,307. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,259/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73052, Lindsay, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,813 (100%) |
| Owner Occupied HU | 1,758 (62.5%) |
| Renter Occupied HU | 622 (22.1%) |
| Vacant Housing Units | 433 (15.4%) |
| Median Home Value | $175,403 |
| Average Home Value | $220,779 |
Housing Distribution
Address Breakdown
Residential
2,410
Single Family
2,410
Multi-Family
0
Businesses
329
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Listed by: Teri Reed • Metro Brokers Realty Solutions
Mls Name: MLSOK/OKCMAR
Mls Provider:
Mls ID: #1128917
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