11516 E 103rd St NOwassoOK74055
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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
Investment property for sale in Owasso at 11516 E 103rd St N, Owasso, OK, 74055 uses $91,129 cash to close to unlock $6,203/yr annual cash flow and $517/mo monthly cash flow. Total monthly income runs $2,272/mo, and a $1,346/mo payment keeps the spread at $517/mo. Purchase price stands at $274,900, and rental yield measures 9.92% with $2,272/mo rent. Return on cash invested shows 26.72% in year one, and 5% annual appreciation builds toward $75,950 over five years. Five-year ROI reaches 139.6% and total cumulative return in cash records $127,215. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,272/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 2003
8,319 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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