212 NE Road Runner DrFletcherOK73541
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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 Fletcher at 212 NE Road Runner Dr, Fletcher, OK, 73541 generates $2,407/mo in rent and, after a $1,661/mo payment, leaves $240/mo in cash flow. Total monthly income is $2,407/mo, and annual cash flow is $2,878/yr on $112,478 invested. Return on cash invested sits at 22.47% in year one, and rental yield is 8.51% on a $339,300 entry. Equity gained on principal adds $2,189/yr, while 5% annual appreciation builds toward $93,742 over five years. Five-year ROI reaches 116.81% and total cumulative return in cash sums $131,390. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,407/mo property income rather than buyer’s personal income.
Single Family
Built in 2010
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73541, Fletcher, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,890 (100%) |
| Owner Occupied HU | 1,300 (68.8%) |
| Renter Occupied HU | 381 (20.2%) |
| Vacant Housing Units | 209 (11.1%) |
| Median Home Value | $219,038 |
| Average Home Value | $222,212 |
Housing Distribution
Address Breakdown
Residential
1,209
Single Family
1,209
Multi-Family
0
Businesses
40
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Listed by: Brenda Bentley • COLDWELL BANKER SALUTE
Mls Name: Lawton BOR
Mls ID: #168353
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.