12603 S Granite Ave SBixbyOK74008
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 12603 S Granite Ave S, Bixby, OK, 74008 in Bixby fits: $454,900, 5.64% gross yield, and a projected 5% annual appreciation rate adding $125,680 in value within five years. Rental yield 5.64%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (1.05) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $4,190/yr in principal paydown and $125,680 in appreciation project a total return of $117,649.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.6% | 6.9% |
| Monthly Cash Flow | $(865) | $285 |
City averages based on Bixby market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,140 |
| Total Monthly Debt Service | $2,824 |
| DSCR Ratio | 0.76x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2024
5,880 sqft lot
$N/A/sqft
$1,200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74008, Bixby, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,115 (100%) |
| Owner Occupied HU | 9,321 (71.1%) |
| Renter Occupied HU | 3,067 (23.4%) |
| Vacant Housing Units | 727 ( 5.5%) |
| Median Home Value | $338,649 |
| Average Home Value | $378,812 |
Housing Distribution
Address Breakdown
Residential
13,735
Single Family
12,994
Multi-Family
741
Businesses
916
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 2024
5,880 sqft lot
$N/A/sqft
$1,200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74008, Bixby, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,115 (100%) |
| Owner Occupied HU | 9,321 (71.1%) |
| Renter Occupied HU | 3,067 (23.4%) |
| Vacant Housing Units | 727 ( 5.5%) |
| Median Home Value | $338,649 |
| Average Home Value | $378,812 |
Housing Distribution
Address Breakdown
Residential
13,735
Single Family
12,994
Multi-Family
741
Businesses
916
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alex Trinidad • Executive Homes Realty, LLC
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2517097
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.