817 Lakeridge DrWoodwardOK73801
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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 Woodward at 817 Lakeridge Dr, Woodward, OK, 73801 uses $41,769 cash to close to unlock $5,509/yr annual cash flow and $459/mo monthly cash flow. Total monthly income runs $1,268/mo, and a $617/mo payment keeps the spread at $459/mo. Purchase price stands at $126,000, and rental yield measures 12.08% with $1,268/mo rent. Return on cash invested shows 33.1% in year one, and 5% annual appreciation builds toward $34,811 over five years. Five-year ROI reaches 173.97% and total cumulative return in cash records $72,667. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,268/mo property income covering a $617/mo payment rather than investor’s personal income.
Single Family
Built in 1985
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73801, Woodward, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,504 (100%) |
| Owner Occupied HU | 3,969 (52.9%) |
| Renter Occupied HU | 2,137 (28.5%) |
| Vacant Housing Units | 1,398 (18.6%) |
| Median Home Value | $189,881 |
| Average Home Value | $218,953 |
Housing Distribution
Address Breakdown
Residential
6,464
Single Family
6,289
Multi-Family
175
Businesses
750
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