2300 S Main StNewcastleOK73065
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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 Newcastle at 2300 S Main St, Newcastle, OK, 73065 listed at $934,749 pairs $2,416/mo rent with a $4,575/mo payment. Total monthly income runs $2,416/mo. Return on cash invested measures 6.2% in year one, and rental yield registers 3.1% at a $934,749 basis. Equity gained on principal adds $6,032/yr, and annual property appreciation at 5% supports $258,254 by year five. Five-year ROI tracks 29.53% and total cumulative return in cash totals $90,805. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,416/mo property income relative to a $4,575/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1998
11.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73065, Newcastle, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,437 (100%) |
| Owner Occupied HU | 3,363 (75.8%) |
| Renter Occupied HU | 862 (19.4%) |
| Vacant Housing Units | 212 ( 4.8%) |
| Median Home Value | $249,373 |
| Average Home Value | $302,021 |
Housing Distribution
Address Breakdown
Residential
4,816
Single Family
4,816
Multi-Family
0
Businesses
491
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