602 Lazy J LnColbertOK74733
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 602 Lazy J Ln, Colbert, OK, 74733 in Colbert worth study. Rental yield 1.67%. The 1.67% gross yield is below cash-flow benchmarks at $950,000, but 5% annual appreciation, adding $262,467 over five years, frames this as a capital growth position. Rent of $1,320/mo partially offsets the $4,503/mo payment. Ziffy Mortgage finances appreciation-play properties (0.29 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $37,737.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 1.7% | 6.2% |
| Monthly Cash Flow | $(4,747) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,320 |
| Total Monthly Debt Service | $5,921 |
| DSCR Ratio | 0.22x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74733, Colbert, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,510 (100%) |
| Owner Occupied HU | 1,015 (67.2%) |
| Renter Occupied HU | 341 (22.6%) |
| Vacant Housing Units | 154 (10.2%) |
| Median Home Value | $164,009 |
| Average Home Value | $209,145 |
Housing Distribution
Address Breakdown
Residential
978
Single Family
978
Multi-Family
0
Businesses
59
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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
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