706 N Grant AveSand 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 706 N Grant Ave, Sand Springs, OK, 74063 uses $39,846 cash to close to unlock $1,472/yr annual cash flow and $123/mo monthly cash flow. Total monthly income runs $890/mo, and a $588/mo payment keeps the spread at $123/mo. Purchase price stands at $120,200, and rental yield measures 8.89% with $890/mo rent. Return on cash invested shows 23.6% in year one, and 5% annual appreciation builds toward $33,209 over five years. Five-year ROI reaches 122.93% and total cumulative return in cash records $48,982. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $890/mo property income covering a $588/mo payment rather than investor’s personal income.
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: Chelynn Broughton • Keller Williams Advantage
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2004097
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.