410 E Johnson StLexingtonOK73051
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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 Lexington at 410 E Johnson St, Lexington, OK, 73051 offers $1,723/mo rent that, after a $978/mo payment, leaves $447/mo cash flow. Total monthly income is $1,723/mo, and annual cash flow is $5,362/yr on $66,267 cash. Return on cash invested measures 28% in year one, and rental yield stands at 10.34% at a $199,900 entry. Equity gained on principal adds $1,290/yr while 5% annual appreciation compounds into $55,229 by year five. Five-year ROI records 146.48% and total cumulative return in cash reaches $97,069. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,723/mo property income versus a $978/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
8,999 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73051, Lexington, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,041 (100%) |
| Owner Occupied HU | 2,010 (66.1%) |
| Renter Occupied HU | 665 (21.9%) |
| Vacant Housing Units | 366 (12.0%) |
| Median Home Value | $234,697 |
| Average Home Value | $304,837 |
Housing Distribution
Address Breakdown
Residential
2,785
Single Family
2,785
Multi-Family
0
Businesses
117
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