502 SE 2nd StLindsayOK73052
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowReliable, bankable, and well-priced, 502 SE 2nd St, Lindsay, OK, 73052 in Lindsay delivers $977/mo in gross rent and $306/mo in net monthly income at a $105,000 entry. The 11.16% yield and 2.07 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $29,010 over five years and $967/yr in equity from loan paydown, total projected return is $59,667.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.2% | 6.2% |
| Monthly Cash Flow | $306 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $977 |
| Total Monthly Debt Service | $629 |
| DSCR Ratio | 1.55x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1960
6,708 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73052, Lindsay, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,813 (100%) |
| Owner Occupied HU | 1,758 (62.5%) |
| Renter Occupied HU | 622 (22.1%) |
| Vacant Housing Units | 433 (15.4%) |
| Median Home Value | $175,403 |
| Average Home Value | $220,779 |
Housing Distribution
Address Breakdown
Residential
2,410
Single Family
2,410
Multi-Family
0
Businesses
329
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
Single Family
Built in 1960
6,708 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73052, Lindsay, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,813 (100%) |
| Owner Occupied HU | 1,758 (62.5%) |
| Renter Occupied HU | 622 (22.1%) |
| Vacant Housing Units | 433 (15.4%) |
| Median Home Value | $175,403 |
| Average Home Value | $220,779 |
Housing Distribution
Address Breakdown
Residential
2,410
Single Family
2,410
Multi-Family
0
Businesses
329
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lindsey Bunch • LB Realty Group-MB of Oklahoma
Mls Name: MLSOK/OKCMAR
Mls Provider:
Mls ID: #1172615
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