305 S 4th StCleo SpringsOK73729
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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 Cleo Springs at 305 S 4th St, Cleo Springs, OK, 73729 earns $172/mo cash flow from $1,577/mo rent with a $1,077/mo payment. Total monthly income totals $1,577/mo, and annual cash flow totals $2,062/yr on $72,930 capital. ROI tracks 22.74% on current figures, and rental yield reads 8.6% at a $220,000 purchase. Equity gained on principal adds $1,420/yr, and 5% annual appreciation supports $60,782 over five years. Five-year ROI reaches 118.25% and total cumulative return in cash sums $86,243. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,577/mo property income instead of your personal income.
Single Family
Built in 1938
3.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73729, Cleo Springs, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 283 (100%) |
| Owner Occupied HU | 183 (64.7%) |
| Renter Occupied HU | 31 (11.0%) |
| Vacant Housing Units | 69 (24.4%) |
| Median Home Value | $209,375 |
| Average Home Value | $230,096 |
Housing Distribution
Address Breakdown
Residential
208
Single Family
208
Multi-Family
0
Businesses
17
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Listed by: Pat Cronkhite • ReMax Premier
Mls Name: Northwest Oklahoma AOR
Mls ID: #20251145