1117 Dorman AveMoundsOK74047
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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 Mounds at 1117 Dorman Ave, Mounds, OK, 74047 generates $1,801/mo in rent and, after a $808/mo payment, leaves $747/mo in cash flow. Total monthly income is $1,801/mo, and annual cash flow is $8,962/yr on $54,698 invested. Return on cash invested sits at 36.29% in year one, and rental yield is 13.1% on a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 190.98% and total cumulative return in cash sums $104,459. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,801/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74047, Mounds, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,917 (100%) |
| Owner Occupied HU | 2,169 (74.4%) |
| Renter Occupied HU | 434 (14.9%) |
| Vacant Housing Units | 314 (10.8%) |
| Median Home Value | $251,448 |
| Average Home Value | $286,255 |
Housing Distribution
Address Breakdown
Residential
2,572
Single Family
2,572
Multi-Family
0
Businesses
107
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