412 N Hughes StMorrisOK74445
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Morris at 412 N Hughes St, Morris, OK, 74445 offers a 11.29% rental yield on a $210,000 purchase with $1,976/mo rent. Total monthly income registers $1,976/mo, and a $1,028/mo payment leaves $635/mo available for distribution. Annual cash flow reaches $7,617/yr on $69,615 to close, and return on cash invested stands at 30.85% in year one. Equity gained on principal adds $1,355/yr while 5% annual appreciation supports $58,019 over five years. Portfolio math shows five-year ROI at 161.8% and total cumulative return in cash at $112,636. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,976/mo property income against a $1,028/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2009
0.32 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices