16272 N 280th RdMorrisOK74445
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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 Morris at 16272 N 280th Rd, Morris, OK, 74445 generates $1,794/mo in rent, after a $1,958/mo payment. Total monthly income is $1,794/mo. Return on cash invested sits at 13.03% in year one, and rental yield is 5.38% on a $399,995 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation builds toward $110,511 over five years. Five-year ROI reaches 66.21% and total cumulative return in cash sums $87,794. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,794/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
8 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74445, Morris, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,172 (100%) |
| Owner Occupied HU | 757 (64.6%) |
| Renter Occupied HU | 261 (22.3%) |
| Vacant Housing Units | 154 (13.1%) |
| Median Home Value | $190,923 |
| Average Home Value | $217,087 |
Housing Distribution
Address Breakdown
Residential
1,180
Single Family
1,180
Multi-Family
0
Businesses
95
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