353500 E 970th RdSparksOK74869
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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 Sparks at 353500 E 970th Rd, Sparks, OK, 74869 earns from $3,641/mo rent with a $6,852/mo payment. Total monthly income totals $3,641/mo. ROI tracks 6.35% on current figures, and rental yield reads 3.12% at a $1,400,000 purchase. Equity gained on principal adds $9,034/yr, and 5% annual appreciation supports $386,794 over five years. Five-year ROI reaches 30.3% and total cumulative return in cash sums $137,431. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,641/mo property income instead of your personal income.
Single Family
Built in 2021
158.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74869, Sparks, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 323 (100%) |
| Owner Occupied HU | 246 (76.2%) |
| Renter Occupied HU | 30 ( 9.3%) |
| Vacant Housing Units | 47 (14.6%) |
| Median Home Value | $198,913 |
| Average Home Value | $302,591 |
Housing Distribution
Address Breakdown
Residential
308
Single Family
308
Multi-Family
0
Businesses
6
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