3736 N Westminster RdSpencerOK73084
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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 Spencer at 3736 N Westminster Rd, Spencer, OK, 73084 uses $222,075 cash to close to unlock $1,717/yr annual cash flow and $143/mo monthly cash flow. Total monthly income runs $4,454/mo, and a $3,304/mo payment keeps the spread at $143/mo. Purchase price stands at $675,000, and rental yield measures 7.92% with $4,454/mo rent. Return on cash invested shows 20.83% in year one, and 5% annual appreciation builds toward $186,490 over five years. Five-year ROI reaches 108.04% and total cumulative return in cash records $239,931. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,454/mo property income covering a $3,304/mo payment rather than investor’s personal income.
Single Family
Built in 2022
4.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73084, Spencer, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,146 (100%) |
| Owner Occupied HU | 1,835 (58.3%) |
| Renter Occupied HU | 872 (27.7%) |
| Vacant Housing Units | 439 (14.0%) |
| Median Home Value | $148,740 |
| Average Home Value | $197,191 |
Housing Distribution
Address Breakdown
Residential
2,924
Single Family
2,924
Multi-Family
0
Businesses
187
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