302 S Broadway AveLaverneOK73848
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
Rental property for sale in Laverne at 302 S Broadway Ave, Laverne, OK, 73848 offers $1,054/mo rent that, after a $563/mo payment, leaves $319/mo cash flow. Total monthly income is $1,054/mo, and annual cash flow is $3,834/yr on $38,123 cash. Return on cash invested measures 29.96% in year one, and rental yield stands at 11% at a $115,000 entry. Equity gained on principal adds $742/yr while 5% annual appreciation compounds into $31,772 by year five. Five-year ROI records 157.1% and total cumulative return in cash reaches $59,889. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,054/mo property income versus a $563/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73848, Laverne, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 952 (100%) |
| Owner Occupied HU | 572 (60.1%) |
| Renter Occupied HU | 186 (19.5%) |
| Vacant Housing Units | 194 (20.4%) |
| Median Home Value | $146,277 |
| Average Home Value | $155,656 |
Housing Distribution
Address Breakdown
Residential
381
Single Family
381
Multi-Family
0
Businesses
84
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
