600 N Franklin Ave WSand SpringsOK74063
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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 Sand Springs at 600 N Franklin Ave W, Sand Springs, OK, 74063 offers a 8.52% rental yield on a $169,000 purchase with $1,200/mo rent. Total monthly income registers $1,200/mo, and a $827/mo payment leaves $121/mo available for distribution. Annual cash flow reaches $1,451/yr on $56,024 to close, and return on cash invested stands at 22.5% in year one. Equity gained on principal adds $1,091/yr while 5% annual appreciation supports $46,692 over five years. Portfolio math shows five-year ROI at 116.96% and total cumulative return in cash at $65,527. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,200/mo property income against a $827/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
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: Keli Smith • Chinowth & Cohen
Mls Name: MLS Technology, Inc.
Mls ID: #2542747