319 S MAIN ST

OWASSO, OK 74055
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3 bd, 2 ba | 1,227 sqft | Built in 1952

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List Price
$194,900

Initial Investment

$53,110

Purchase Price

$194,900

Down Payment

25%

Rent

$1,360

Total Return

$57,001

Annualized Return

16.0%

Cap Rate

5.9%

Gross Yield

8.4%

Cash Flow

$349

Appreciation

5.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

3,550

HOA

None

Flood Risk

High Risk - Zone AE

WALK TO THE REDBUD DISTRICT! Adorable bungalow in the heart of downtown Owasso! 3 beds with 2 full baths. Lots of upgrades to this home. Refinished hardwoods, new carpet in primary bedroom, new tile flooring. Kitchen is stunning with new cabinets, man made quartz countertops, and trendy tile backsplash. New plumbing in 2023 including pex lines and stools. Exterior was painted in 2023 and interior was just painted. Water heater 2 years old. Great location near restaurants and shops!!! Buyer to verify all schools.

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Garrett Ayers
The Investor's Broker, LLC
OK Agent License #171032

Annual Financial Highlights

Expected Rent

$15,504

Expenses

-$2,760

Property Taxes

-$1,800

Loan Payments

-$10,596

Net Cash Flow

$349

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Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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Last Updated: 04/13/2025 15:04
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