818 Grigsby St, Newcastle, OK, 73065 | 4.13% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $1,326/mo, and a $1,884/mo payment. Purchase price stands at $385,000, and rental yield measures 4.13% with $1,326/mo rent. Return on cash invested shows 9.26% in year one, and 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 46% and total cumulative return in cash records $58,714. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,326/mo property income covering a $1,884/mo payment rather than investor’s personal income.

Single Family

Built in 1960

2.86 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 73065, Newcastle, OK area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,437 (100%)
Owner Occupied HU	3,363 (75.8%)
Renter Occupied HU	862 (19.4%)
Vacant Housing Units	212 ( 4.8%)
Median Home Value	$249,373
Average Home Value	$302,021