300 Michele StCaleraOK74730
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 Calera at 300 Michele St, Calera, OK, 74730 offers a 9.84% rental yield on a $285,000 purchase with $2,338/mo rent. Total monthly income registers $2,338/mo, and a $1,395/mo payment leaves $518/mo available for distribution. Annual cash flow reaches $6,214/yr on $94,478 to close, and return on cash invested stands at 26.49% in year one. Equity gained on principal adds $1,839/yr while 5% annual appreciation supports $78,740 over five years. Portfolio math shows five-year ROI at 138.38% and total cumulative return in cash at $130,734. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,338/mo property income against a $1,395/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74730, Calera, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,369 (100%) |
| Owner Occupied HU | 1,327 (56.0%) |
| Renter Occupied HU | 876 (37.0%) |
| Vacant Housing Units | 166 ( 7.0%) |
| Median Home Value | $169,643 |
| Average Home Value | $202,735 |
Housing Distribution
Address Breakdown
Residential
2,518
Single Family
2,518
Multi-Family
0
Businesses
97
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices