623 Honey Springs LnShawneeOK74804
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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 Shawnee at 623 Honey Springs Ln, Shawnee, OK, 74804 priced at $329,900 pairs $2,160/mo rent with $53/mo cash flow after a $1,615/mo payment. Total monthly income equals $2,160/mo, and annual cash flow comes to $635/yr on $109,362 invested. Return on cash invested is 20.49% in year one, and rental yield stands at 7.86% on a $329,900 basis. Equity gained on principal adds $2,129/yr, and 5% annual appreciation accumulates to $91,145 by year five. Five-year ROI measures 106.22% and total cumulative return in cash reaches $116,163. For financing, Ziffy Mortgage’s DSCR program evaluates $2,160/mo property income against a $1,615/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
7,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74804, Shawnee, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,272 (100%) |
| Owner Occupied HU | 5,623 (60.6%) |
| Renter Occupied HU | 2,856 (30.8%) |
| Vacant Housing Units | 793 ( 8.6%) |
| Median Home Value | $236,890 |
| Average Home Value | $253,463 |
Housing Distribution
Address Breakdown
Residential
9,144
Single Family
8,395
Multi-Family
749
Businesses
733
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