2382 Cheek RdLone GroveOK73443
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingCapital preservation and steady income define 2382 Cheek Rd, Lone Grove, OK, 73443 in Lone Grove. Rental yield 6.76%. The 1.25 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $117,420 and $3,914/yr in principal reduction project total return of $138,515.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 6.8% | 6.2% |
| Monthly Cash Flow | $(361) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,395 |
| Total Monthly Debt Service | $2,587 |
| DSCR Ratio | 0.93x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1971
6.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73443, Lone Grove, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,345 (100%) |
| Owner Occupied HU | 923 (68.6%) |
| Renter Occupied HU | 325 (24.2%) |
| Vacant Housing Units | 97 ( 7.2%) |
| Median Home Value | $184,844 |
| Average Home Value | $201,993 |
Housing Distribution
Address Breakdown
Residential
1,000
Single Family
969
Multi-Family
31
Businesses
115
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1971
6.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73443, Lone Grove, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,345 (100%) |
| Owner Occupied HU | 923 (68.6%) |
| Renter Occupied HU | 325 (24.2%) |
| Vacant Housing Units | 97 ( 7.2%) |
| Median Home Value | $184,844 |
| Average Home Value | $201,993 |
Housing Distribution
Address Breakdown
Residential
1,000
Single Family
969
Multi-Family
31
Businesses
115
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sarah Fulton • Southern Oklahoma Realty
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2520415
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.