320 N Cedar StOwassoOK74055
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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 Owasso at 320 N Cedar St, Owasso, OK, 74055 priced at $135,000 converts $1,804/mo rent into $929/mo cash flow after a $661/mo obligation. Total monthly income equals $1,804/mo, and annual cash flow totals $11,147/yr on $44,753 invested. Return on cash invested prints 44.82% in year one, and rental yield reads 16.04% against a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation compiles into $37,298 by year five. Five-year ROI reaches 236.77% and total cumulative return in cash sums $105,961. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,804/mo property income covering a $661/mo payment, not borrower’s personal income.
Single Family
Built in 1969
8,799 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74055, Owasso, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,078 (100%) |
| Owner Occupied HU | 13,428 (66.9%) |
| Renter Occupied HU | 5,822 (29.0%) |
| Vacant Housing Units | 828 ( 4.1%) |
| Median Home Value | $290,089 |
| Average Home Value | $347,977 |
Housing Distribution
Address Breakdown
Residential
19,692
Single Family
17,527
Multi-Family
2,165
Businesses
1,615
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Listed by: Kellie Wells • RE/MAX Results
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2546276
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.