9921 N 119th East AveOwassoOK74055
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 9921 N 119th East Ave, Owasso, OK, 74055 in Owasso is narrow, $198/mo net on $2,034/mo rent after the $1,281/mo debt service, but the property operates at break-even-plus, not a loss. At $284,900 with a 8.57% yield, the long-run equity case via 5% appreciation ($78,713 over five years) and $2,624/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.59 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $121,118.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 9.0% |
| Monthly Cash Flow | $198 | $300 |
City averages based on Owasso market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,034 |
| Total Monthly Debt Service | $1,723 |
| DSCR Ratio | 1.18x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2000
N/A lot
$N/A/sqft
$200 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2000
N/A lot
$N/A/sqft
$200 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tammy Arent • Keller Williams Premier
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #1536766
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.