Pays for itselfFits 3 partner lending programs

1220 N Carr Dr, Newcastle, OK 73065

Newcastle, OK 73065 · 2 bd · 1 ba · 1,237 sqft · Single Family · 15 days on market

The math, in full

Asking price
$199,998
Down payment (25%)
$50,000
Loan amount
$149,998
Est. monthly rent
$1,350/mo
Range $1,148–$1,552/mo
Monthly payment, all-in
$1,307/mo
Mortgage + taxes + insurance (PITIA)
Cashflow ratio (DSCR)
1.03
$1,350 rent ÷ $1,307 payment
Monthly cashflow
+$43/mo
What's left after the payment

Where the rent number comes from

Median asking rent for 2-bedroom homes in zip 73065, from current market comps — not a per-property guess. High confidence — plenty of comparable rentals in this zip.

Cash to start

$50,000

25% down on $199,998

Clayhouse Mortgage — OklahomaYour local lender
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No credit pull. No obligation. A loan officer confirms real terms within one business day.

  • Screened against real lending criteria — this one fits 3 programs.
  • Qualifies on the property's rent — no W-2 or tax returns.
  • Listing data verified as of June 8, 2026.

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Rent, payment, and cashflow figures are estimates based on current market data and business-purpose investment-loan criteria, for non-owner-occupied property. Not a commitment to lend, not financial advice, and not an offer of any specific loan or property. Listing data may change; properties may sell. All terms confirmed by a loan officer and subject to underwriting and appraisal.