303 Naomi LnNewcastleOK73065
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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 Newcastle at 303 Naomi Ln, Newcastle, OK, 73065 priced at $219,000 pairs $1,799/mo rent with $400/mo cash flow after a $1,072/mo payment. Total monthly income equals $1,799/mo, and annual cash flow comes to $4,804/yr on $72,599 invested. Return on cash invested is 26.53% in year one, and rental yield stands at 9.86% on a $219,000 basis. Equity gained on principal adds $1,413/yr, and 5% annual appreciation accumulates to $60,506 by year five. Five-year ROI measures 138.63% and total cumulative return in cash reaches $100,641. For financing, Ziffy Mortgage’s DSCR program evaluates $1,799/mo property income against a $1,072/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1964
1.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73065, Newcastle, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,437 (100%) |
| Owner Occupied HU | 3,363 (75.8%) |
| Renter Occupied HU | 862 (19.4%) |
| Vacant Housing Units | 212 ( 4.8%) |
| Median Home Value | $249,373 |
| Average Home Value | $302,021 |
Housing Distribution
Address Breakdown
Residential
4,816
Single Family
4,816
Multi-Family
0
Businesses
491
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