32033 Highway 412 Hwy #412-32037Cleo 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
Rental property for sale in Cleo Springs at 32033 Highway 412 Hwy #412-32037, Cleo Springs, OK, 73729 generates $2,412/mo in rent, after a $3,181/mo payment. Total monthly income is $2,412/mo. Return on cash invested sits at 10.3% in year one, and rental yield is 4.45% on a $650,000 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 51.57% and total cumulative return in cash sums $110,282. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,412/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
10 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: Sondra Hernandez • Cobblestone Realty Partners
Mls Name: Northwest Oklahoma AOR
Mls Provider:
Mls ID: #20240838
Disclaimer: The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.