213 Laurel StLone GroveOK73443
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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 Lone Grove at 213 Laurel St, Lone Grove, OK, 73443 priced at $249,900 converts $1,880/mo rent into $284/mo cash flow after a $1,223/mo obligation. Total monthly income equals $1,880/mo, and annual cash flow totals $3,411/yr on $82,842 invested. Return on cash invested prints 24.03% in year one, and rental yield reads 9.03% against a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,043 by year five. Five-year ROI reaches 125.22% and total cumulative return in cash sums $103,730. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,880/mo property income covering a $1,223/mo payment, not borrower’s personal income.
Single Family
Built in 2004
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73443, Lone Grove, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,345 (100%) |
| Owner Occupied HU | 923 (68.6%) |
| Renter Occupied HU | 325 (24.2%) |
| Vacant Housing Units | 97 ( 7.2%) |
| Median Home Value | $184,844 |
| Average Home Value | $201,993 |
Housing Distribution
Address Breakdown
Residential
1,000
Single Family
969
Multi-Family
31
Businesses
115
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Listed by: Heather Love • Keller Williams Realty Ardmore
Mls Name: MLS Technology, Inc.
Mls ID: #2549050