157 S Springfield StWelchOK74369
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 157 S Springfield St, Welch, OK, 74369 in Welch. At $149,000 it earns $1,207/mo in rent and distributes $256/mo to the owner after the $670/mo payment, a consistent 9.72% yield. DSCR 1.80 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $41,166 in value; $1,372/yr in principal paydown compounds ownership stake. Total projected return: $73,072.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 6.2% |
| Monthly Cash Flow | $256 | $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 | $1,207 |
| Total Monthly Debt Service | $892 |
| DSCR Ratio | 1.35x |
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 N/A
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74369, Welch, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 830 (100%) |
| Owner Occupied HU | 538 (64.8%) |
| Renter Occupied HU | 174 (21.0%) |
| Vacant Housing Units | 118 (14.2%) |
| Median Home Value | $195,139 |
| Average Home Value | $253,704 |
Housing Distribution
Address Breakdown
Residential
604
Single Family
580
Multi-Family
24
Businesses
53
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 N/A
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74369, Welch, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 830 (100%) |
| Owner Occupied HU | 538 (64.8%) |
| Renter Occupied HU | 174 (21.0%) |
| Vacant Housing Units | 118 (14.2%) |
| Median Home Value | $195,139 |
| Average Home Value | $253,704 |
Housing Distribution
Address Breakdown
Residential
604
Single Family
580
Multi-Family
24
Businesses
53
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices