RC Carnegie II Plan, Newcastle FarmsNewcastleOK73065
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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 Newcastle at RC Carnegie II Plan, Newcastle Farms, Newcastle, OK, 73065 priced at $220,900 converts $1,942/mo rent into $531/mo cash flow after a $1,081/mo obligation. Total monthly income equals $1,942/mo, and annual cash flow totals $6,378/yr on $73,228 invested. Return on cash invested prints 28.62% in year one, and rental yield reads 10.55% against a $220,900 entry. Equity gained on principal adds $1,425/yr, while 5% annual appreciation compiles into $61,031 by year five. Five-year ROI reaches 149.82% and total cumulative return in cash sums $109,710. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,942/mo property income covering a $1,081/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A 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 |
Housing Distribution
Address Breakdown
Residential
4,816
Single Family
4,816
Multi-Family
0
Businesses
491
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