11 Grant RdMorrisonOK73061
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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 Morrison at 11 Grant Rd, Morrison, OK, 73061 priced at $395,000 pairs $1,991/mo rent with after a $1,933/mo payment. Total monthly income equals $1,991/mo. Return on cash invested is 15.04% in year one, and rental yield stands at 6.05% on a $395,000 basis. Equity gained on principal adds $2,549/yr, and 5% annual appreciation accumulates to $109,131 by year five. Five-year ROI measures 76.99% and total cumulative return in cash reaches $100,818. For financing, Ziffy Mortgage’s DSCR program evaluates $1,991/mo property income against a $1,933/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2005
2.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73061, Morrison, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 637 (100%) |
| Owner Occupied HU | 444 (69.7%) |
| Renter Occupied HU | 119 (18.7%) |
| Vacant Housing Units | 74 (11.6%) |
| Median Home Value | $269,231 |
| Average Home Value | $249,977 |
Housing Distribution
Address Breakdown
Residential
555
Single Family
555
Multi-Family
0
Businesses
46
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