18 Chad StSpringerOK73458
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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 Springer at 18 Chad St, Springer, OK, 73458 earns $253/mo cash flow from $1,562/mo rent with a $1,003/mo payment. Total monthly income totals $1,562/mo, and annual cash flow totals $3,039/yr on $67,958 capital. ROI tracks 24.38% on current figures, and rental yield reads 9.14% at a $205,000 purchase. Equity gained on principal adds $1,323/yr, and 5% annual appreciation supports $56,638 over five years. Five-year ROI reaches 127.13% and total cumulative return in cash sums $86,394. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,562/mo property income instead of your personal income.
Single Family
Built in 1977
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73458, Springer, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 391 (100%) |
| Owner Occupied HU | 234 (59.8%) |
| Renter Occupied HU | 78 (19.9%) |
| Vacant Housing Units | 79 (20.2%) |
| Median Home Value | $241,176 |
| Average Home Value | $320,128 |
Housing Distribution
Address Breakdown
Residential
146
Single Family
146
Multi-Family
0
Businesses
36
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Listed by: Tara Burroughs • eXp Realty, LLC
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2331854
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.