216 S Perdue AveClaremoreOK74017
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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 Claremore at 216 S Perdue Ave, Claremore, OK, 74017 offers $1,417/mo rent that, after a $807/mo payment, leaves $364/mo cash flow. Total monthly income is $1,417/mo, and annual cash flow is $4,368/yr on $54,664 cash. Return on cash invested measures 27.9% in year one, and rental yield stands at 10.31% at a $164,900 entry. Equity gained on principal adds $1,064/yr while 5% annual appreciation compounds into $45,559 by year five. Five-year ROI records 146.05% and total cumulative return in cash reaches $79,840. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,417/mo property income versus a $807/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
10,062 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74017, Claremore, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,680 (100%) |
| Owner Occupied HU | 7,846 (61.9%) |
| Renter Occupied HU | 3,807 (30.0%) |
| Vacant Housing Units | 1,027 ( 8.1%) |
| Median Home Value | $245,399 |
| Average Home Value | $284,890 |
Housing Distribution
Address Breakdown
Residential
12,075
Single Family
11,567
Multi-Family
508
Businesses
897
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