260 North 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
Investment property for sale in Mounds at 260 North Rd, Mounds, OK, 74047 uses $88,676 cash to close to unlock $2,544/yr annual cash flow and $212/mo monthly cash flow. Total monthly income runs $1,920/mo, and a $1,309/mo payment keeps the spread at $212/mo. Purchase price stands at $267,500, and rental yield measures 8.61% with $1,920/mo rent. Return on cash invested shows 22.78% in year one, and 5% annual appreciation builds toward $73,905 over five years. Five-year ROI reaches 118.47% and total cumulative return in cash records $105,056. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,920/mo property income covering a $1,309/mo payment rather than investor’s personal income.
Single Family
Built in 1980
1 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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