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 listed at $300,700 pairs $2,034/mo rent with a $1,472/mo payment to leave $113/mo cash flow. Total monthly income runs $2,034/mo, and annual cash flow reaches $1,361/yr on $99,682 cash to close. Return on cash invested measures 21.27% in year one, and rental yield registers 8.12% at a $300,700 basis. Equity gained on principal adds $1,940/yr, and annual property appreciation at 5% supports $83,078 by year five. Five-year ROI tracks 110.44% and total cumulative return in cash totals $110,092. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,034/mo property income relative to a $1,472/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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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