Naples Plan, Morrow Place IIICollinsvilleOK74021
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
Investment Highlights
Rental property for sale in Collinsville at Naples Plan, Morrow Place III, Collinsville, OK, 74021 priced at $310,203 converts $2,298/mo rent into $317/mo cash flow after a $1,518/mo obligation. Total monthly income equals $2,298/mo, and annual cash flow totals $3,807/yr on $102,832 invested. Return on cash invested prints 23.61% in year one, and rental yield reads 8.89% against a $310,203 entry. Equity gained on principal adds $2,002/yr, while 5% annual appreciation compiles into $85,703 by year five. Five-year ROI reaches 122.98% and total cumulative return in cash sums $126,467. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,298/mo property income covering a $1,518/mo payment, not borrower’s personal income.
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