218 Merry Circle DrMedicine ParkOK73557
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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 Medicine Park at 218 Merry Circle Dr, Medicine Park, OK, 73557 priced at $529,900 pairs $1,304/mo rent with after a $2,594/mo payment. Total monthly income equals $1,304/mo. Return on cash invested is 5.74% in year one, and rental yield stands at 2.95% on a $529,900 basis. Equity gained on principal adds $3,419/yr, and 5% annual appreciation accumulates to $146,402 by year five. Five-year ROI measures 27.1% and total cumulative return in cash reaches $47,243. For financing, Ziffy Mortgage’s DSCR program evaluates $1,304/mo property income against a $2,594/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2022
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73557, Medicine Park, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 213 (100%) |
| Owner Occupied HU | 121 (56.8%) |
| Renter Occupied HU | 22 (10.3%) |
| Vacant Housing Units | 70 (32.9%) |
| Median Home Value | $358,108 |
| Average Home Value | $366,302 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
28
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Listed by: Traci Green • TRACI GREEN PROPERTIES
Mls Name: Lawton BOR
Mls ID: #169092
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.