610 Meadowlake DrNobleOK73068
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
Investment Highlights
Investment property for sale in Noble at 610 Meadowlake Dr, Noble, OK, 73068 uses $52,709 cash to close to unlock $6,670/yr annual cash flow and $556/mo monthly cash flow. Total monthly income runs $1,571/mo, and a $778/mo payment keeps the spread at $556/mo. Purchase price stands at $159,000, and rental yield measures 11.86% with $1,571/mo rent. Return on cash invested shows 32.56% in year one, and 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 170.98% and total cumulative return in cash records $90,120. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,571/mo property income covering a $778/mo payment rather than investor’s personal income.
Single Family
Built in 1978
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73068, Noble, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,525 (100%) |
| Owner Occupied HU | 3,650 (66.1%) |
| Renter Occupied HU | 1,383 (25.0%) |
| Vacant Housing Units | 492 ( 8.9%) |
| Median Home Value | $247,475 |
| Average Home Value | $292,136 |
Housing Distribution
Address Breakdown
Residential
5,056
Single Family
4,959
Multi-Family
97
Businesses
323
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices