419 SE 5th StNewcastleOK73065
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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 Newcastle at 419 SE 5th St, Newcastle, OK, 73065 uses $80,223 cash to close to unlock $6,384/yr annual cash flow and $532/mo monthly cash flow. Total monthly income runs $2,077/mo, and a $1,184/mo payment keeps the spread at $532/mo. Purchase price stands at $242,000, and rental yield measures 10.3% with $2,077/mo rent. Return on cash invested shows 27.87% in year one, and 5% annual appreciation builds toward $66,860 over five years. Five-year ROI reaches 145.84% and total cumulative return in cash records $116,994. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,077/mo property income covering a $1,184/mo payment rather than investor’s personal income.
Single Family
Built in 2022
9,452 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73065, Newcastle, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,437 (100%) |
| Owner Occupied HU | 3,363 (75.8%) |
| Renter Occupied HU | 862 (19.4%) |
| Vacant Housing Units | 212 ( 4.8%) |
| Median Home Value | $249,373 |
| Average Home Value | $302,021 |
Housing Distribution
Address Breakdown
Residential
4,816
Single Family
4,816
Multi-Family
0
Businesses
491
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