106 Pelican Point PlMannfordOK74044
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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 Mannford at 106 Pelican Point Pl, Mannford, OK, 74044 priced at $469,900 converts $4,487/mo rent into $1,486/mo cash flow after a $2,300/mo obligation. Total monthly income equals $4,487/mo, and annual cash flow totals $17,833/yr on $155,772 invested. Return on cash invested prints 31.36% in year one, and rental yield reads 11.46% against a $469,900 entry. Equity gained on principal adds $3,032/yr, while 5% annual appreciation compiles into $129,825 by year five. Five-year ROI reaches 164.52% and total cumulative return in cash sums $256,274. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,487/mo property income covering a $2,300/mo payment, not borrower’s personal income.
Single Family
Built in 2023
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74044, Mannford, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,389 (100%) |
| Owner Occupied HU | 2,359 (69.6%) |
| Renter Occupied HU | 678 (20.0%) |
| Vacant Housing Units | 352 (10.4%) |
| Median Home Value | $222,794 |
| Average Home Value | $254,645 |
Housing Distribution
Address Breakdown
Residential
2,532
Single Family
2,450
Multi-Family
82
Businesses
204
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Listed by: Gannon Brown • MORE Agency
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2435389
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.