Harper Plan, Morrow PlaceOwassoOK74055
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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 Owasso at Harper Plan, Morrow Place, Owasso, OK, 74055 priced at $359,830 pairs $2,602/mo rent with $304/mo cash flow after a $1,761/mo payment. Total monthly income equals $2,602/mo, and annual cash flow comes to $3,651/yr on $119,284 invested. Return on cash invested is 22.97% in year one, and rental yield stands at 8.68% on a $359,830 basis. Equity gained on principal adds $2,322/yr, and 5% annual appreciation accumulates to $99,414 by year five. Five-year ROI measures 119.54% and total cumulative return in cash reaches $142,588. For financing, Ziffy Mortgage’s DSCR program evaluates $2,602/mo property income against a $1,761/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2026
N/A 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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