310 E 12th StClaremoreOK74017
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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
Investment property for sale in Claremore at 310 E 12th St, Claremore, OK, 74017 uses $39,780 cash to close to unlock $4,199/yr annual cash flow and $350/mo monthly cash flow. Total monthly income runs $1,121/mo, and a $587/mo payment keeps the spread at $350/mo. Purchase price stands at $120,000, and rental yield measures 11.21% with $1,121/mo rent. Return on cash invested shows 30.46% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 159.75% and total cumulative return in cash records $63,547. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,121/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1940
8,494 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74017, Claremore, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,680 (100%) |
| Owner Occupied HU | 7,846 (61.9%) |
| Renter Occupied HU | 3,807 (30.0%) |
| Vacant Housing Units | 1,027 ( 8.1%) |
| Median Home Value | $245,399 |
| Average Home Value | $284,890 |
Housing Distribution
Address Breakdown
Residential
12,075
Single Family
11,567
Multi-Family
508
Businesses
897
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Listed by: Blake Bacon • Solid Rock, REALTORS
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2515586
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.