306 N Division StClevelandOK74020
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 Cleveland at 306 N Division St, Cleveland, OK, 74020 earns $156/mo cash flow from $1,657/mo rent with a $1,150/mo payment. Total monthly income totals $1,657/mo, and annual cash flow totals $1,878/yr on $77,903 capital. ROI tracks 22.32% on current figures, and rental yield reads 8.46% at a $235,000 purchase. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 over five years. Five-year ROI reaches 116.04% and total cumulative return in cash sums $90,400. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,657/mo property income instead of your personal income.
Single Family
Built in 1918
6,926 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tamara Gill • Solid Rock, REALTORS
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2522823
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.