213 Laurel Leaf LnRingoldOK74754
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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 Ringold at 213 Laurel Leaf Ln, Ringold, OK, 74754 priced at $350,000 converts $0/mo rent into after a $1,713/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -3.21% in year one, and rental yield reads 0% against a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,699 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Single Family
Built in 2020
1.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74754, Ringold, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 135 (100%) |
| Owner Occupied HU | 78 (57.8%) |
| Renter Occupied HU | 17 (12.6%) |
| Vacant Housing Units | 40 (29.6%) |
| Median Home Value | $122,222 |
| Average Home Value | $184,038 |
Housing Distribution
Address Breakdown
Residential
155
Single Family
155
Multi-Family
0
Businesses
17
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices