Monroe Plan, Morrow Place IIICollinsvilleOK74021
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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 Collinsville at Monroe Plan, Morrow Place III, Collinsville, OK, 74021 offers $2,885/mo rent that, after a $1,779/mo payment, leaves $564/mo cash flow. Total monthly income is $2,885/mo, and annual cash flow is $6,765/yr on $120,516 cash. Return on cash invested measures 25.52% in year one, and rental yield stands at 9.52% at a $363,547 entry. Equity gained on principal adds $2,346/yr while 5% annual appreciation compounds into $100,441 by year five. Five-year ROI records 133.2% and total cumulative return in cash reaches $160,531. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,885/mo property income versus a $1,779/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74021, Collinsville, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,666 (100%) |
| Owner Occupied HU | 6,783 (78.3%) |
| Renter Occupied HU | 1,507 (17.4%) |
| Vacant Housing Units | 376 ( 4.3%) |
| Median Home Value | $267,843 |
| Average Home Value | $295,193 |
Housing Distribution
Address Breakdown
Residential
8,653
Single Family
8,498
Multi-Family
155
Businesses
405
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Listed by: N/A • Capital Homes
Mls Name: Capital Homes
Mls Provider:
Mls ID: #N/A