997 W Lakeshore DrClevelandOK74020
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 997 W Lakeshore Dr, Cleveland, OK, 74020 in Cleveland speaks for itself: 10.08% gross on a $788,800 price, generating $6,625/mo in rent and $1,557/mo in net income after the $3,547/mo debt service. DSCR 1.87, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $18,688 stacks alongside $217,931 in projected five-year appreciation and $7,265/yr in principal reduction. Projected total cumulative return: $400,093.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 6.2% |
| Monthly Cash Flow | $1,557 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $6,625 |
| Total Monthly Debt Service | $4,754 |
| DSCR Ratio | 1.39x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1965
1.05 Acres lot
$N/A/sqft
$365 annually 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
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
Single Family
Built in 1965
1.05 Acres lot
$N/A/sqft
$365 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Pamela Chyba • ListWithFreedom.com
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2512723
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.