518 N Franklin AveSand 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 518 N Franklin Ave, Sand Springs, OK, 74063 priced at $159,000 pairs $1,348/mo rent with $333/mo cash flow after a $778/mo payment. Total monthly income equals $1,348/mo, and annual cash flow comes to $3,994/yr on $52,709 invested. Return on cash invested is 27.49% in year one, and rental yield stands at 10.17% on a $159,000 basis. Equity gained on principal adds $1,026/yr, and 5% annual appreciation accumulates to $43,929 by year five. Five-year ROI measures 143.75% and total cumulative return in cash reaches $75,768. For financing, Ziffy Mortgage’s DSCR program evaluates $1,348/mo property income against a $778/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1937
6,490 sqft 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: Paula McGuire • Coldwell Banker Select
Mls Name: MLS Technology, Inc.
Mls ID: #2528963