6855 Ruby LnMoundsOK74047
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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 6855 Ruby Ln, Mounds, OK, 74047 uses $106,080 cash to close to unlock $4,556/yr annual cash flow and $380/mo monthly cash flow. Total monthly income runs $2,423/mo, and a $1,566/mo payment keeps the spread at $380/mo. Purchase price stands at $320,000, and rental yield measures 9.09% with $2,423/mo rent. Return on cash invested shows 24.2% in year one, and 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 126.13% and total cumulative return in cash records $133,803. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,423/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Single Family
Built in 2010
1.58 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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Listed by: Jessica Ford • Chinowth & Cohen
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2535813
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.