21157 E Bowman RdLutherOK73054
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Luther at 21157 E Bowman Rd, Luther, OK, 73054 offers a 9.59% rental yield on a $105,000 purchase with $839/mo rent. Total monthly income registers $839/mo, and a $514/mo payment leaves $168/mo available for distribution. Annual cash flow reaches $2,020/yr on $34,808 to close, and return on cash invested stands at 25.71% in year one. Equity gained on principal adds $678/yr while 5% annual appreciation supports $29,010 over five years. Portfolio math shows five-year ROI at 134.32% and total cumulative return in cash at $46,754. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $839/mo property income against a $514/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
3.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73054, Luther, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,971 (100%) |
| Owner Occupied HU | 1,497 (76.0%) |
| Renter Occupied HU | 293 (14.9%) |
| Vacant Housing Units | 181 ( 9.2%) |
| Median Home Value | $263,957 |
| Average Home Value | $340,050 |
Housing Distribution
Address Breakdown
Residential
1,711
Single Family
1,711
Multi-Family
0
Businesses
92
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Listed by: Dawson Ash • Black Label Realty
Mls Name: MLSOK/OKCMAR
Mls Provider:
Mls ID: #1163675
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