605 Harper AveFletcherOK73541
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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
Investment property for sale in Fletcher at 605 Harper Ave, Fletcher, OK, 73541 with 5% annual appreciation on a $159,000 basis while $1,321/mo rent supports operations. Total monthly income totals $1,321/mo and a $778/mo payment preserves $306/mo for cash returns. Annual cash flow comes to $3,670/yr on $52,709 deployed, and return on cash invested reaches 26.87% in year one. Equity gained on principal adds $1,026/yr, and five-year appreciation sums $43,929 alongside rental yield of 9.97%. Five-year ROI measures 140.45% and total cumulative return in cash totals $74,028.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,321/mo property income versus a $778/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1961
10,449 sqft 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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