1601 Merlin CirPryorOK74361
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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 Pryor at 1601 Merlin Cir, Pryor, OK, 74361 uses $102,102 cash to close to unlock $3,679/yr annual cash flow and $307/mo monthly cash flow. Total monthly income runs $2,274/mo, and a $1,508/mo payment keeps the spread at $307/mo. Purchase price stands at $308,000, and rental yield measures 8.86% with $2,274/mo rent. Return on cash invested shows 23.51% in year one, and 5% annual appreciation builds toward $85,095 over five years. Five-year ROI reaches 122.43% and total cumulative return in cash records $125,008. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,274/mo property income covering a $1,508/mo payment rather than investor’s personal income.
Single Family
Built in 1983
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74361, Pryor, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,331 (100%) |
| Owner Occupied HU | 4,186 (57.1%) |
| Renter Occupied HU | 2,281 (31.1%) |
| Vacant Housing Units | 864 (11.8%) |
| Median Home Value | $240,488 |
| Average Home Value | $267,575 |
Housing Distribution
Address Breakdown
Residential
6,998
Single Family
6,797
Multi-Family
201
Businesses
624
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