21308 Lebanon Lake RdLebanonOK73440
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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
Investment property for sale in Lebanon at 21308 Lebanon Lake Rd, Lebanon, OK, 73440 uses $49,692 cash to close to unlock $917/yr annual cash flow and $76/mo monthly cash flow. Total monthly income runs $1,034/mo, and a $734/mo payment keeps the spread at $76/mo. Purchase price stands at $149,900, and rental yield measures 8.28% with $1,034/mo rent. Return on cash invested shows 21.75% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 113.06% and total cumulative return in cash records $56,183. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,034/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1966
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73440, Lebanon, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 133 (100%) |
| Owner Occupied HU | 83 (62.4%) |
| Renter Occupied HU | 20 (15.0%) |
| Vacant Housing Units | 30 (22.6%) |
| Median Home Value | $197,500 |
| Average Home Value | $344,096 |
Housing Distribution
Address Breakdown
Residential
13
Single Family
13
Multi-Family
0
Businesses
6
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Listed by: Rick Hargis • Lake Texoma Real Estate Compan
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2511761
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.