1204 Rockwood AveMoundsOK74047
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 1204 Rockwood Ave, Mounds, OK, 74047 in Mounds hard to pass up. The 14.22% gross yield on a $187,000 purchase results in $2,216/mo in rent and $1,022/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.63). Annual cash flow of $12,259, five-year appreciation of $51,665, and $1,722/yr in equity build-up combine for a projected total cumulative return of $136,814.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 14.2% | 6.2% |
| Monthly Cash Flow | $1,022 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,216 |
| Total Monthly Debt Service | $1,120 |
| DSCR Ratio | 1.98x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1951
0.48 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1951
0.48 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amanda Foyil • Chinowth & Cohen
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2521150
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.