1122 ChoctawSpiroOK74959
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
Investment property for sale in Spiro at 1122 Choctaw, Spiro, OK, 74959 at $222,500 posts ROI 29.85% with $611/mo cash flow from $2,032/mo rent. Total monthly income equals $2,032/mo, and annual cash flow records $7,333/yr on $73,759 to close. Return on cash invested measures 29.85% and rental yield reads 10.96% at the current $222,500. Equity gained on principal adds $1,436/yr, and 5% annual appreciation supports $61,473 by year five. Five-year ROI prints 156.48% and total cumulative return in cash totals $115,420.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,032/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2016
1,306 sqft 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: The Price Group • Keller Williams Platinum Realty
Mls Name: Western River Valley BOR
Mls ID: #1080870
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.