2869 Caleb DrPiedmontOK73078
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
Investment Highlights
Investment property for sale in Piedmont at 2869 Caleb Dr, Piedmont, OK, 73078 uses $251,685 cash to close to unlock $7,762/yr annual cash flow and $647/mo monthly cash flow. Total monthly income runs $5,532/mo, and a $3,744/mo payment keeps the spread at $647/mo. Purchase price stands at $765,000, and rental yield measures 8.68% with $5,532/mo rent. Return on cash invested shows 23.14% in year one, and 5% annual appreciation builds toward $211,355 over five years. Five-year ROI reaches 120.41% and total cumulative return in cash records $303,059. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,532/mo property income covering a $3,744/mo payment rather than investor’s personal income.
Single Family
Built in 2015
0.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73078, Piedmont, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,690 (100%) |
| Owner Occupied HU | 4,064 (86.7%) |
| Renter Occupied HU | 429 ( 9.1%) |
| Vacant Housing Units | 197 ( 4.2%) |
| Median Home Value | $329,089 |
| Average Home Value | $356,436 |
Housing Distribution
Address Breakdown
Residential
4,913
Single Family
4,913
Multi-Family
0
Businesses
291
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices