213 NW 2nd StLaverneOK73848
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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 Laverne at 213 NW 2nd St, Laverne, OK, 73848 generates $1,362/mo in rent, after a $1,052/mo payment. Total monthly income is $1,362/mo. Return on cash invested sits at 19.73% in year one, and rental yield is 7.6% on a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 102.18% and total cumulative return in cash sums $72,829. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,362/mo property income rather than buyer’s personal income.
Single Family
Built in 1983
10,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73848, Laverne, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 952 (100%) |
| Owner Occupied HU | 572 (60.1%) |
| Renter Occupied HU | 186 (19.5%) |
| Vacant Housing Units | 194 (20.4%) |
| Median Home Value | $146,277 |
| Average Home Value | $155,656 |
Housing Distribution
Address Breakdown
Residential
381
Single Family
381
Multi-Family
0
Businesses
84
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