304 Cale LnCaleraOK74730
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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 Calera at 304 Cale Ln, Calera, OK, 74730 priced at $215,000 converts $1,860/mo rent into $487/mo cash flow after a $1,052/mo obligation. Total monthly income equals $1,860/mo, and annual cash flow totals $5,847/yr on $71,273 invested. Return on cash invested prints 28.11% in year one, and rental yield reads 10.38% against a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,401 by year five. Five-year ROI reaches 147.12% and total cumulative return in cash sums $104,857. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,860/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Manufactured
Built in 2023
0.53 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
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