1122 ChoctawSpiroOK74959
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow1122 Choctaw, Spiro, OK, 74959 in Spiro is a top-tier cash-flow asset. At $222,500 it produces $2,032/mo in rent and $611/mo in net monthly income, a 10.96% gross rental yield. The DSCR of 2.03 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $7,328. Five-year appreciation adds $61,473, driving a total cumulative return of $123,967.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11% | 6.2% |
| Monthly Cash Flow | $611 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,032 |
| Total Monthly Debt Service | $1,332 |
| DSCR Ratio | 1.53x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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.