118 E 48th StSand SpringsOK74063
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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 Sand Springs at 118 E 48th St, Sand Springs, OK, 74063 listed at $279,000 pairs $2,060/mo rent with a $1,366/mo payment to leave $278/mo cash flow. Total monthly income runs $2,060/mo, and annual cash flow reaches $3,334/yr on $92,489 cash to close. Return on cash invested measures 23.51% in year one, and rental yield registers 8.86% at a $279,000 basis. Equity gained on principal adds $1,800/yr, and annual property appreciation at 5% supports $77,083 by year five. Five-year ROI tracks 122.44% and total cumulative return in cash totals $113,239. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,060/mo property income relative to a $1,366/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1998
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74063, Sand Springs, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,387 (100%) |
| Owner Occupied HU | 9,315 (69.6%) |
| Renter Occupied HU | 2,999 (22.4%) |
| Vacant Housing Units | 1,073 ( 8.0%) |
| Median Home Value | $247,861 |
| Average Home Value | $293,980 |
Housing Distribution
Address Breakdown
Residential
12,709
Single Family
12,519
Multi-Family
190
Businesses
960
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Listed by: Terry Hassell • M & T Realty Group
Mls Name: MLS Technology, Inc.
Mls ID: #2549627