355370 E 970th Rd, Sparks, OK, 74869 | 7.39% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

355370 E 970th Rd, Sparks, OK, 74869 | 7.39% Rental Yield | Ziffy

Pending

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

- Bed
- Bath
- sft

39812 Hazel Dell Rd, Shawnee, OK, 74804

4 Bed
2 Bath
1990 sft

1327 E Fay St, Shawnee, OK, 74801

3 Bed
2 Bath
1032 sft

1901 E Main St, Shawnee, OK, 74801

3 Bed
1 Bath
900 sft

2721 SW 87th St, Oklahoma City, OK, 73159

Nearby investment properties with comparable prices

3 Bed
2 Bath
1716 sft

544 N Elm Ave, Shawnee, OK, 74801

5 Bed
2 Bath
2155 sft

352097 E 1040th Rd, Prague, OK, 74864

4 Bed
3 Bath
2293 sft

535 N Patchin Ave, Shawnee, OK, 74801

3 Bed
2 Bath
1671 sft

15 N Rice Ave, Shawnee, OK, 74804

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Sparks at 355370 E 970th Rd, Sparks, OK, 74869 generates $1,386/mo in rent, after a $1,101/mo payment. Total monthly income is $1,386/mo. Return on cash invested sits at 19.09% in year one, and rental yield is 7.39% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 98.78% and total cumulative return in cash sums $73,677. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,386/mo property income rather than buyer’s personal income.

Manufactured

Built in 2013

8.48 Acres lot

$N/A/sqft

No HOA

More details about the property

Are you looking for extra privacy from the road, a mile from blacktop, 8.44 Acres, shop, pond, huge front porch & a nice home?? This is the perfect place to start a hobby farm, a business in the shop or just enjoy being away from it all. Super fast Internet is readily available. Inside is SUPER CLEAN & MOVE-IN READY! Technically in Prague school district but with Open Enrollment - could explore transferring options to Stroud or Davenport as you are right on the line of all three districts. Tons of grocery / dining options with Stroud 13 min away, Prague 11 min away or Chandler Walmart 25 min away with quick access to Shawnee, OKC & Tulsa.

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