802 W Sand Point RdMeadOK73449
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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 Mead at 802 W Sand Point Rd, Mead, OK, 73449 offers $1,560/mo rent that, after a $5,139/mo payment. Total monthly income is $1,560/mo. Return on cash invested measures 2.22% in year one, and rental yield stands at 1.78% at a $1,050,000 entry. Equity gained on principal adds $6,775/yr while 5% annual appreciation compounds into $290,096 by year five. Five-year ROI records 8.16% and total cumulative return in cash reaches $27,749. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,560/mo property income versus a $5,139/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73449, Mead, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,857 (100%) |
| Owner Occupied HU | 1,050 (56.5%) |
| Renter Occupied HU | 336 (18.1%) |
| Vacant Housing Units | 471 (25.4%) |
| Median Home Value | $181,786 |
| Average Home Value | $236,955 |
Housing Distribution
Address Breakdown
Residential
1,407
Single Family
1,407
Multi-Family
0
Businesses
53
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