400 W Tulsa AveSpavinawOK74366
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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 Spavinaw at 400 W Tulsa Ave, Spavinaw, OK, 74366 generates $860/mo in rent, after a $710/mo payment. Total monthly income is $860/mo. Return on cash invested sits at 18.25% in year one, and rental yield is 7.12% on a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 94.23% and total cumulative return in cash sums $45,296. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $860/mo property income rather than buyer’s personal income.
Multi Family
Built in 1940
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74366, Spavinaw, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 921 (100%) |
| Owner Occupied HU | 521 (56.6%) |
| Renter Occupied HU | 134 (14.5%) |
| Vacant Housing Units | 266 (28.9%) |
| Median Home Value | $170,703 |
| Average Home Value | $200,797 |
Housing Distribution
Address Breakdown
Residential
432
Single Family
432
Multi-Family
0
Businesses
23
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