970208 S 3540th RdSparksOK74869
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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 Sparks at 970208 S 3540th Rd, Sparks, OK, 74869 generates $1,145/mo in rent, after a $925/mo payment. Total monthly income is $1,145/mo. Return on cash invested sits at 18.72% in year one, and rental yield is 7.27% on a $189,000 entry. Equity gained on principal adds $1,220/yr, while 5% annual appreciation builds toward $52,217 over five years. Five-year ROI reaches 96.82% and total cumulative return in cash sums $60,658. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,145/mo property income rather than buyer’s personal income.
Manufactured
Built in 1983
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74869, Sparks, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 323 (100%) |
| Owner Occupied HU | 246 (76.2%) |
| Renter Occupied HU | 30 ( 9.3%) |
| Vacant Housing Units | 47 (14.6%) |
| Median Home Value | $198,913 |
| Average Home Value | $302,591 |
Housing Distribution
Address Breakdown
Residential
308
Single Family
308
Multi-Family
0
Businesses
6
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