601 Canton PlMannfordOK74044
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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 Mannford at 601 Canton Pl, Mannford, OK, 74044 uses $91,159 cash to close to unlock $6,994/yr annual cash flow and $583/mo monthly cash flow. Total monthly income runs $2,339/mo, and a $1,346/mo payment keeps the spread at $583/mo. Purchase price stands at $274,990, and rental yield measures 10.21% with $2,339/mo rent. Return on cash invested shows 27.58% in year one, and 5% annual appreciation builds toward $75,975 over five years. Five-year ROI reaches 144.24% and total cumulative return in cash records $131,492. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,339/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 2023
7,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74044, Mannford, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,389 (100%) |
| Owner Occupied HU | 2,359 (69.6%) |
| Renter Occupied HU | 678 (20.0%) |
| Vacant Housing Units | 352 (10.4%) |
| Median Home Value | $222,794 |
| Average Home Value | $254,645 |
Housing Distribution
Address Breakdown
Residential
2,532
Single Family
2,450
Multi-Family
82
Businesses
204
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Listed by: Derek Phelps • Fox and Associates
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2417851
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.