610 Meadowlark LnCommerceOK74339
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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 Commerce at 610 Meadowlark Ln, Commerce, OK, 74339 priced at $154,900 converts $1,452/mo rent into $463/mo cash flow after a $758/mo obligation. Total monthly income equals $1,452/mo, and annual cash flow totals $5,555/yr on $51,349 invested. Return on cash invested prints 30.73% in year one, and rental yield reads 11.25% against a $154,900 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation compiles into $42,796 by year five. Five-year ROI reaches 161.1% and total cumulative return in cash sums $82,724. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,452/mo property income covering a $758/mo payment, not borrower’s personal income.
Single Family
Built in 1985
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74339, Commerce, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 980 (100%) |
| Owner Occupied HU | 534 (54.5%) |
| Renter Occupied HU | 280 (28.6%) |
| Vacant Housing Units | 166 (16.9%) |
| Median Home Value | $70,641 |
| Average Home Value | $98,371 |
Housing Distribution
Address Breakdown
Residential
921
Single Family
920
Multi-Family
1
Businesses
93
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