12813 Red Spruce CirOklahoma CityOK73142
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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 12813 Red Spruce Cir, Oklahoma City, OK, 73142 offers a 8.97% rental yield on a $445,500 purchase with $3,329/mo rent. Total monthly income registers $3,329/mo, and a $2,181/mo payment leaves $483/mo available for distribution. Annual cash flow reaches $5,802/yr on $147,683 to close, and return on cash invested stands at 23.84% in year one. Equity gained on principal adds $2,875/yr while 5% annual appreciation supports $123,083 over five years. Portfolio math shows five-year ROI at 124.18% and total cumulative return in cash at $183,393. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,329/mo property income against a $2,181/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
10,650 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73142, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,350 (100%) |
| Owner Occupied HU | 4,166 (49.9%) |
| Renter Occupied HU | 3,653 (43.7%) |
| Vacant Housing Units | 531 ( 6.4%) |
| Median Home Value | $420,341 |
| Average Home Value | $479,677 |
Housing Distribution
Address Breakdown
Residential
8,521
Single Family
7,653
Multi-Family
868
Businesses
349
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Listed by: Carmen Morgan • Cleaton & Assoc, Inc
Mls Name: MLSOK/OKCMAR
Mls ID: #1210100