314 W 7th 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 314 W 7th St, Claremore, OK, 74017 offers a 8.02% rental yield on a $195,000 purchase with $1,303/mo rent. Total monthly income registers $1,303/mo, and a $954/mo payment leaves $58/mo available for distribution. Annual cash flow reaches $697/yr on $64,643 to close, and return on cash invested stands at 20.99% in year one. Equity gained on principal adds $1,258/yr while 5% annual appreciation supports $53,875 over five years. Portfolio math shows five-year ROI at 108.97% and total cumulative return in cash at $70,438. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,303/mo property income against a $954/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
5,575 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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