Iris Plan, Magnolia RidgeOwassoOK74055
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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 Iris Plan, Magnolia Ridge, Owasso, OK, 74055 with 5% annual appreciation on a $300,700 basis while $2,034/mo rent supports operations. Total monthly income totals $2,034/mo and a $1,472/mo payment preserves $113/mo for cash returns. Annual cash flow comes to $1,361/yr on $99,682 deployed, and return on cash invested reaches 21.27% in year one. Equity gained on principal adds $1,940/yr, and five-year appreciation sums $83,078 alongside rental yield of 8.12%. Five-year ROI measures 110.44% and total cumulative return in cash totals $110,092.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,034/mo property income versus a $1,472/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
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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