6809 Lancer LnOklahoma CityOK73132
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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 Oklahoma City at 6809 Lancer Ln, Oklahoma City, OK, 73132 offers $1,752/mo rent that, after a $1,126/mo payment, leaves $243/mo cash flow. Total monthly income is $1,752/mo, and annual cash flow is $2,921/yr on $76,245 cash. Return on cash invested measures 23.74% in year one, and rental yield stands at 9.14% at a $230,000 entry. Equity gained on principal adds $1,484/yr while 5% annual appreciation compounds into $63,545 by year five. Five-year ROI records 123.89% and total cumulative return in cash reaches $94,459. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,752/mo property income versus a $1,126/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1971
9,374 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73132, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,303 (100%) |
| Owner Occupied HU | 6,405 (48.1%) |
| Renter Occupied HU | 5,344 (40.2%) |
| Vacant Housing Units | 1,554 (11.7%) |
| Median Home Value | $227,748 |
| Average Home Value | $258,965 |
Housing Distribution
Address Breakdown
Residential
12,817
Single Family
10,148
Multi-Family
2,669
Businesses
833
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Listed by: Emily Morton • Keller Williams Realty Elite
Mls Name: MLSOK/OKCMAR
Mls Provider:
Mls ID: #1130783
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