701 N Hughes AveMorrisOK74445
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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 Morris at 701 N Hughes Ave, Morris, OK, 74445 priced at $152,000 pairs $1,170/mo rent with $199/mo cash flow after a $744/mo payment. Total monthly income equals $1,170/mo, and annual cash flow comes to $2,391/yr on $50,388 invested. Return on cash invested is 24.65% in year one, and rental yield stands at 9.24% on a $152,000 basis. Equity gained on principal adds $981/yr, and 5% annual appreciation accumulates to $41,995 by year five. Five-year ROI measures 128.62% and total cumulative return in cash reaches $64,810. For financing, Ziffy Mortgage’s DSCR program evaluates $1,170/mo property income against a $744/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
0.54 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
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