12509 NE 36th StSpencerOK73084
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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 Spencer at 12509 NE 36th St, Spencer, OK, 73084 uses $69,615 cash to close to unlock $4,389/yr annual cash flow and $366/mo monthly cash flow. Total monthly income runs $1,707/mo, and a $1,028/mo payment keeps the spread at $366/mo. Purchase price stands at $209,999, and rental yield measures 9.75% with $1,707/mo rent. Return on cash invested shows 26.21% in year one, and 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 136.94% and total cumulative return in cash records $95,331. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,707/mo property income covering a $1,028/mo payment rather than investor’s personal income.
Single Family
Built in 2022
6,599 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73084, Spencer, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,146 (100%) |
| Owner Occupied HU | 1,835 (58.3%) |
| Renter Occupied HU | 872 (27.7%) |
| Vacant Housing Units | 439 (14.0%) |
| Median Home Value | $148,740 |
| Average Home Value | $197,191 |
Housing Distribution
Address Breakdown
Residential
2,924
Single Family
2,924
Multi-Family
0
Businesses
187
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