102 W 5th StOwassoOK74055
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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 Owasso at 102 W 5th St, Owasso, OK, 74055 priced at $185,000 converts $1,609/mo rent into $428/mo cash flow after a $905/mo obligation. Total monthly income equals $1,609/mo, and annual cash flow totals $5,136/yr on $61,328 invested. Return on cash invested prints 28.28% in year one, and rental yield reads 10.44% against a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation compiles into $51,112 by year five. Five-year ROI reaches 148.09% and total cumulative return in cash sums $90,819. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,609/mo property income covering a $905/mo payment, not borrower’s personal income.
Single Family
Built in 1954
7,535 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74055, Owasso, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,078 (100%) |
| Owner Occupied HU | 13,428 (66.9%) |
| Renter Occupied HU | 5,822 (29.0%) |
| Vacant Housing Units | 828 ( 4.1%) |
| Median Home Value | $290,089 |
| Average Home Value | $347,977 |
Housing Distribution
Address Breakdown
Residential
19,692
Single Family
17,527
Multi-Family
2,165
Businesses
1,615
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Listed by: Dawn Harvey • Keller Williams Preferred
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2436457
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.