12413 Springwood DrOklahoma CityOK73120
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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 Oklahoma City at 12413 Springwood Dr, Oklahoma City, OK, 73120 uses $84,864 cash to close to unlock $3,398/yr annual cash flow and $283/mo monthly cash flow. Total monthly income runs $1,918/mo, and a $1,253/mo payment keeps the spread at $283/mo. Purchase price stands at $256,000, and rental yield measures 8.99% with $1,918/mo rent. Return on cash invested shows 23.91% in year one, and 5% annual appreciation builds toward $70,728 over five years. Five-year ROI reaches 124.63% and total cumulative return in cash records $105,766. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,918/mo property income covering a $1,253/mo payment rather than investor’s personal income.
Single Family
Built in 1972
10,410 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73120, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,050 (100%) |
| Owner Occupied HU | 9,138 (45.6%) |
| Renter Occupied HU | 8,625 (43.0%) |
| Vacant Housing Units | 2,287 (11.4%) |
| Median Home Value | $282,510 |
| Average Home Value | $370,797 |
Housing Distribution
Address Breakdown
Residential
19,393
Single Family
12,919
Multi-Family
6,474
Businesses
1,138
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Listed by: Chelsey Vanaman • McGraw, REALTORS
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2524021
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.