7404 E 89th Pl NOwassoOK74055
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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 Owasso at 7404 E 89th Pl N, Owasso, OK, 74055 uses $111,053 cash to close to unlock $3,747/yr annual cash flow and $312/mo monthly cash flow. Total monthly income runs $2,452/mo, and a $1,640/mo payment keeps the spread at $312/mo. Purchase price stands at $335,000, and rental yield measures 8.78% with $2,452/mo rent. Return on cash invested shows 23.28% in year one, and 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 121.24% and total cumulative return in cash records $134,636. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,452/mo property income covering a $1,640/mo payment rather than investor’s personal income.
Single Family
Built in 2022
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74055, Owasso, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,078 (100%) |
| Owner Occupied HU | 13,428 (66.9%) |
| Renter Occupied HU | 5,822 (29.0%) |
| Vacant Housing Units | 828 ( 4.1%) |
| Median Home Value | $290,089 |
| Average Home Value | $347,977 |
Housing Distribution
Address Breakdown
Residential
19,692
Single Family
17,527
Multi-Family
2,165
Businesses
1,615
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