8611 N 163rd East AveOwassoOK74055
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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 8611 N 163rd East Ave, Owasso, OK, 74055 offers a 8.64% rental yield on a $282,500 purchase with $2,034/mo rent. Total monthly income registers $2,034/mo, and a $1,383/mo payment leaves $230/mo available for distribution. Annual cash flow reaches $2,755/yr on $93,649 to close, and return on cash invested stands at 22.85% in year one. Equity gained on principal adds $1,823/yr while 5% annual appreciation supports $78,050 over five years. Portfolio math shows five-year ROI at 118.89% and total cumulative return in cash at $111,338. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,034/mo property income against a $1,383/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
0.88 Acres 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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