2398 Scrub Oak RdSand SpringsOK74063
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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
Rental property for sale in Sand Springs at 2398 Scrub Oak Rd, Sand Springs, OK, 74063 generates $751/mo in rent and, after a $489/mo payment, leaves $113/mo in cash flow. Total monthly income is $751/mo, and annual cash flow is $1,354/yr on $33,150 invested. Return on cash invested sits at 23.99% in year one, and rental yield is 9.01% on a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 125.01% and total cumulative return in cash sums $41,440. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $751/mo property income rather than buyer’s personal income.
Single Family
Built in 1978
2.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74063, Sand Springs, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,387 (100%) |
| Owner Occupied HU | 9,315 (69.6%) |
| Renter Occupied HU | 2,999 (22.4%) |
| Vacant Housing Units | 1,073 ( 8.0%) |
| Median Home Value | $247,861 |
| Average Home Value | $293,980 |
Housing Distribution
Address Breakdown
Residential
12,709
Single Family
12,519
Multi-Family
190
Businesses
960
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Listed by: Maria Chupp • Coldwell Banker Select
Mls Name: MLS Technology, Inc.
Mls ID: #2548234