809 W Broadway StSpiroOK74959
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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 Spiro at 809 W Broadway St, Spiro, OK, 74959 priced at $479,900 converts $1,913/mo rent into after a $2,349/mo obligation. Total monthly income equals $1,913/mo. Return on cash invested prints 11.22% in year one, and rental yield reads 4.78% against a $479,900 entry. Equity gained on principal adds $3,097/yr, while 5% annual appreciation compiles into $132,588 by year five. Five-year ROI reaches 56.53% and total cumulative return in cash sums $89,925. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,913/mo property income covering a $2,349/mo payment, not borrower’s personal income.
Single Family
Built in 1972
19.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74959, Spiro, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,892 (100%) |
| Owner Occupied HU | 1,841 (63.7%) |
| Renter Occupied HU | 719 (24.9%) |
| Vacant Housing Units | 332 (11.5%) |
| Median Home Value | $132,267 |
| Average Home Value | $175,794 |
Housing Distribution
Address Breakdown
Residential
2,727
Single Family
2,661
Multi-Family
66
Businesses
174
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