611 N Division StClevelandOK74020
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 Cleveland at 611 N Division St, Cleveland, OK, 74020 offers a 10.88% rental yield on a $186,000 purchase with $1,686/mo rent. Total monthly income registers $1,686/mo, and a $910/mo payment leaves $499/mo available for distribution. Annual cash flow reaches $5,983/yr on $61,659 to close, and return on cash invested stands at 29.61% in year one. Equity gained on principal adds $1,200/yr while 5% annual appreciation supports $51,388 over five years. Portfolio math shows five-year ROI at 155.16% and total cumulative return in cash at $95,668. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,686/mo property income against a $910/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
7,318 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74020, Cleveland, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,677 (100%) |
| Owner Occupied HU | 2,283 (62.1%) |
| Renter Occupied HU | 834 (22.7%) |
| Vacant Housing Units | 560 (15.2%) |
| Median Home Value | $155,013 |
| Average Home Value | $188,454 |
Housing Distribution
Address Breakdown
Residential
2,918
Single Family
2,863
Multi-Family
55
Businesses
288
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