706 Forest DrSand 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
Rental property for sale in Sand Springs at 706 Forest Dr, Sand Springs, OK, 74063 priced at $160,000 converts $1,740/mo rent into $718/mo cash flow after a $783/mo obligation. Total monthly income equals $1,740/mo, and annual cash flow totals $8,620/yr on $53,040 invested. Return on cash invested prints 36.16% in year one, and rental yield reads 13.05% against a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation compiles into $44,205 by year five. Five-year ROI reaches 190.32% and total cumulative return in cash sums $100,946. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,740/mo property income covering a $783/mo payment, not borrower’s personal income.
Single Family
Built in 1955
7,187 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: Justin Ross • Anthem Realty
Mls Name: MLS Technology, Inc.
Mls ID: #2547097