1704 N 230th RdMoundsOK74047
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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 Mounds at 1704 N 230th Rd, Mounds, OK, 74047 generates $1,097/mo in rent and, after a $685/mo payment, leaves $203/mo in cash flow. Total monthly income is $1,097/mo, and annual cash flow is $2,438/yr on $46,410 invested. Return on cash invested sits at 25.16% in year one, and rental yield is 9.4% on a $140,000 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 131.35% and total cumulative return in cash sums $60,958. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,097/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
2.50 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
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Listed by: Kim Cruse • Keller Williams Advantage
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2523169
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.