411 E Claremore 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 411 E Claremore St, Claremore, OK, 74017 offers a 11.01% rental yield on a $144,900 purchase with $1,330/mo rent. Total monthly income registers $1,330/mo, and a $709/mo payment leaves $405/mo available for distribution. Annual cash flow reaches $4,858/yr on $48,034 to close, and return on cash invested stands at 30.02% in year one. Equity gained on principal adds $935/yr while 5% annual appreciation supports $40,033 over five years. Portfolio math shows five-year ROI at 157.36% and total cumulative return in cash at $75,589. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,330/mo property income against a $709/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1941
2,439 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: Kimber Whorton • Solid Rock, REALTORS
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2430814
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.