405 N Loop Dr WSand SpringsOK74063
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Nearby investment properties with comparable prices
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 Sand Springs at 405 N Loop Dr W, Sand Springs, OK, 74063 offers $1,013/mo rent that, after a $636/mo payment, leaves $183/mo cash flow. Total monthly income is $1,013/mo, and annual cash flow is $2,197/yr on $43,095 cash. Return on cash invested measures 25.01% in year one, and rental yield stands at 9.35% at a $130,000 entry. Equity gained on principal adds $839/yr while 5% annual appreciation compounds into $35,917 by year five. Five-year ROI records 130.52% and total cumulative return in cash reaches $56,247. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,013/mo property income versus a $636/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74063, Sand Springs, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,387 (100%) |
| Owner Occupied HU | 9,315 (69.6%) |
| Renter Occupied HU | 2,999 (22.4%) |
| Vacant Housing Units | 1,073 ( 8.0%) |
| Median Home Value | $247,861 |
| Average Home Value | $293,980 |
Housing Distribution
Address Breakdown
Residential
12,709
Single Family
12,519
Multi-Family
190
Businesses
960
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Listed by: Misty Cowan • Solid Rock, REALTORS
Mls Name: MLS Technology, Inc.
Mls ID: #2538801