2908 Harber LoopClevelandOK74020
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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 Cleveland at 2908 Harber Loop, Cleveland, OK, 74020 generates $840/mo in rent and, after a $562/mo payment, leaves $107/mo in cash flow. Total monthly income is $840/mo, and annual cash flow is $1,279/yr on $38,089 invested. Return on cash invested sits at 23.27% in year one, and rental yield is 8.77% on a $114,900 entry. Equity gained on principal adds $741/yr, while 5% annual appreciation builds toward $31,745 over five years. Five-year ROI reaches 121.14% and total cumulative return in cash sums $46,142. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $840/mo property income rather than buyer’s personal income.
Manufactured
Built in 2010
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74020, Cleveland, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,677 (100%) |
| Owner Occupied HU | 2,283 (62.1%) |
| Renter Occupied HU | 834 (22.7%) |
| Vacant Housing Units | 560 (15.2%) |
| Median Home Value | $155,013 |
| Average Home Value | $188,454 |
Housing Distribution
Address Breakdown
Residential
2,918
Single Family
2,863
Multi-Family
55
Businesses
288
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Listed by: Darla McMullen • Hygge Realty
Mls Name: MLSOK/OKCMAR
Mls Provider:
Mls ID: #1177539
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