420 NE 17th PlNewcastleOK73065
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 420 NE 17th Pl, Newcastle, OK, 73065 offers a 10.1% rental yield on a $236,500 purchase with $1,991/mo rent. Total monthly income registers $1,991/mo, and a $1,158/mo payment leaves $468/mo available for distribution. Annual cash flow reaches $5,613/yr on $78,400 to close, and return on cash invested stands at 27.07% in year one. Equity gained on principal adds $1,526/yr while 5% annual appreciation supports $65,341 over five years. Portfolio math shows five-year ROI at 141.58% and total cumulative return in cash at $110,995. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,991/mo property income against a $1,158/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2016
9,975 sqft lot
$N/A/sqft
$150 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Glenda Slusser • Arise Realty Group, LLC
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2532836
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.