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$179,000

For Sale - Active
17099 E Clover Cir, Tahlequah, OK 74464
3 Beds
2 Baths
1,285 Square Feet
0.81 Acres Lot
Built in 1975
For Sale - Active
Units n/a
Checked: 20 hours ago
Updated: Sep 08, 2025 at 11:40PM

Investment Summary


Potential Missing Expenses

We noticed that property taxes are missing—this is a standard expense and should be considered in your estimate.

Monthly Cash Flow
$50
Cap Rate
6.0%
Cash-on-Cash Return
1.5%
Debt Coverage Ratio
1.06
Internal Rate of Return (5 years)
5.4%

Property Description


0.81 Acres Lot
Built in 1975
For Sale - Active
Units n/a

Spacious corner lot living! This charming 3-bedroom, 2-bath home sits on a generous 0.81-acre lot with a fenced area—perfect for pets, gardening, or play. Offering 1,285 sq ft (per appraiser), the home features a formal dining room, a breakfast bar, and a cozy breakfast nook for casual meals. The 2-car garage includes a dedicated work area and loft storage, while the 12x16 insulated shed with loft and electricity adds even more versatility for hobbies or storage. Enjoy outdoor living on the large deck—ideal for grilling and gatherings—surrounded by beautiful shade trees. With plenty of room to expand and a desirable location close to conveniences, this property blends charm, function, and future potential. A rare find with space inside and out!

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Location


Property Details


Parking

  • Description: Garage
  • Details: Attached, Garage, Storage
  • Garage Spaces: 2
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Partial): 1
  • # of Baths (Total): 2.0

Interior Features

  • # of Rooms: 0
  • # of Stories: 1
  • Basement Description: Crawl Space

Exterior Features

  • Exterior Walls Materials: Siding (Alum/Vinyl)
  • Roof Material: Asphalt, Fiberglass

HOA

  • Association: Meadow View sub

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 102500000016000000
  • Lot Size: 35283 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Ranch
  • Year Built: 1975

Tax Information

  • Annual Tax: $0

Utilities

  • Heating: Natural Gas, Central, Electric
  • Cooling: Central Air

Location

  • County: Cherokee

Listing Details


Listed by:
Edna Kimble
C21/Wright Real Estate
(918) 931-8413

Source:
MLS Technology
MLS#: 2534960
MLS Technology

Investment Summary


Potential Missing Expenses

We noticed that property taxes are missing—this is a standard expense and should be considered in your estimate.

Monthly Cash Flow
$50
Cap Rate
6.0%
Cash-on-Cash Return
1.5%
Debt Coverage Ratio
1.06
Internal Rate of Return (5 years)
5.4%

Purchase Details

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Purchase price:
$179,000
Amount financed:
-$143,200
Down payment:
$35,800
Closing costs:
$5,370
Rehab costs:
$0
Initial cash invested:
$41,170
Square feet:
1,285
Cost per square foot:
$139
Monthly rent per square foot:
$1.01

Financing Details

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Loan amount:
$143,200
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$847
Property tax:
$0
Insurance:
$91
Private mortgage insurance (PMI):
$0
Monthly payment:
$938

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$1,300 $15,600
Vacancy loss: (6%)
6% -$78 -$936
Operating income:
$1,222 $14,664

Operating Expenses


% Rent Monthly Yearly
Property taxes: (n/a)
n/an/an/a
Insurance: (7%)
7%-$91-$1,092
Property management: (8%)
8%-$104-$1,248
Repairs & maintenance: (5%)
5%-$65-$780
Capital expenditures: (5%)
5%-$65-$780
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (25%)
25%-$325-$3,900

Cash Flow


Monthly Yearly
Net operating income:
$897 $10,764
Mortgage payments:
-$847 -$10,164
Cash flow:
$50 $600