711 N Broadway StClevelandOK74020
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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 Cleveland at 711 N Broadway St, Cleveland, OK, 74020 with 5% annual appreciation on a $207,500 basis while $1,884/mo rent supports operations. Total monthly income totals $1,884/mo and a $1,016/mo payment preserves $558/mo for cash returns. Annual cash flow comes to $6,702/yr on $68,786 deployed, and return on cash invested reaches 29.65% in year one. Equity gained on principal adds $1,339/yr, and five-year appreciation sums $57,328 alongside rental yield of 10.9%. Five-year ROI measures 155.38% and total cumulative return in cash totals $106,883.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,884/mo property income versus a $1,016/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1954
5,183 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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Listed by: Jenna Mobley • HomeSmart Stellar Realty
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2514696
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.