503 W South DrFletcherOK73541
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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 Fletcher at 503 W South Dr, Fletcher, OK, 73541 generates $1,495/mo in rent and, after a $1,065/mo payment, leaves $106/mo in cash flow. Total monthly income is $1,495/mo, and annual cash flow is $1,267/yr on $72,101 invested. Return on cash invested sits at 21.67% in year one, and rental yield is 8.25% on a $217,500 entry. Equity gained on principal adds $1,403/yr, while 5% annual appreciation builds toward $60,091 over five years. Five-year ROI reaches 112.55% and total cumulative return in cash sums $81,150. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,495/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73541, Fletcher, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,890 (100%) |
| Owner Occupied HU | 1,300 (68.8%) |
| Renter Occupied HU | 381 (20.2%) |
| Vacant Housing Units | 209 (11.1%) |
| Median Home Value | $219,038 |
| Average Home Value | $222,212 |
Housing Distribution
Address Breakdown
Residential
1,209
Single Family
1,209
Multi-Family
0
Businesses
40
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Listed by: Tiaa Payne • KELLER WILLIAMS MULINIX
Mls Name: Lawton BOR
Mls ID: #168697
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.