5041 Lake Breeze RdGroveOK74344
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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 Grove at 5041 Lake Breeze Rd, Grove, OK, 74344 priced at $1,400,000 converts $5,351/mo rent into after a $6,852/mo obligation. Total monthly income equals $5,351/mo. Return on cash invested prints 10.53% in year one, and rental yield reads 4.59% against a $1,400,000 entry. Equity gained on principal adds $9,034/yr, while 5% annual appreciation compiles into $386,794 by year five. Five-year ROI reaches 52.81% and total cumulative return in cash sums $239,551. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,351/mo property income covering a $6,852/mo payment, not borrower’s personal income.
Single Family
Built in 1999
1.20 Acres lot
$N/A/sqft
$132 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74344, Grove, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,731 (100%) |
| Owner Occupied HU | 4,835 (55.4%) |
| Renter Occupied HU | 1,962 (22.5%) |
| Vacant Housing Units | 1,934 (22.2%) |
| Median Home Value | $250,896 |
| Average Home Value | $348,940 |
Housing Distribution
Address Breakdown
Residential
7,509
Single Family
7,266
Multi-Family
243
Businesses
625
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Listed by: Ileta Bray • Legacy Real Estate
Mls Name: Northeast Oklahoma BOR
Mls ID: #25-948
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.