704 Cedar AveSand SpringsOK74063
Nearby investment properties with comparable rents
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
Investment property for sale in Sand Springs at 704 Cedar Ave, Sand Springs, OK, 74063 offers a 9.48% rental yield on a $159,500 purchase with $1,260/mo rent. Total monthly income registers $1,260/mo, and a $781/mo payment leaves $236/mo available for distribution. Annual cash flow reaches $2,829/yr on $52,874 to close, and return on cash invested stands at 25.26% in year one. Equity gained on principal adds $1,029/yr while 5% annual appreciation supports $44,067 over five years. Portfolio math shows five-year ROI at 131.86% and total cumulative return in cash at $69,721. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,260/mo property income against a $781/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
0.29 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kelly Garrison • The Garrison Group LLC.
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2527294
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.