1119 Choctaw StSpiroOK74959
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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 Spiro at 1119 Choctaw St, Spiro, OK, 74959 offers a 9.84% rental yield on a $218,000 purchase with $1,788/mo rent. Total monthly income registers $1,788/mo, and a $1,067/mo payment leaves $396/mo available for distribution. Annual cash flow reaches $4,750/yr on $72,267 to close, and return on cash invested stands at 26.48% in year one. Equity gained on principal adds $1,407/yr while 5% annual appreciation supports $60,229 over five years. Portfolio math shows five-year ROI at 138.35% and total cumulative return in cash at $99,979. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,788/mo property income against a $1,067/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2015
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74959, Spiro, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,892 (100%) |
| Owner Occupied HU | 1,841 (63.7%) |
| Renter Occupied HU | 719 (24.9%) |
| Vacant Housing Units | 332 (11.5%) |
| Median Home Value | $132,267 |
| Average Home Value | $175,794 |
Housing Distribution
Address Breakdown
Residential
2,727
Single Family
2,661
Multi-Family
66
Businesses
174
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Listed by: Misty Beasley • Keller Williams Platinum Realty
Mls Name: Western River Valley BOR
Mls ID: #1079567
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.