4701 S 221st West Ave

Sand Springs, OK 74063
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3 bd, 2 ba | 1,428 sqft | Built in 1982

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List Price
$148,000

Initial Investment

$40,330

Purchase Price

$148,000

Down Payment

25%

Rent

$1,550

Total Return

$74,378

Annualized Return

26.5%

Cap Rate

9.0%

Gross Yield

12.6%

Cash Flow

$4,322

Appreciation

6.2%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

87,425

HOA

$0/mo

Flood Risk

Not Required

Motivated Seller!!! Whether you're looking to flip the property or create your own personalized living space, this house is full of potential. Just minutes from I-44 and Route 66. A home very worthy of being restored and in need of some TLC. CASH ONLY. Property is being sold AS-IS and WHERE-IS. Seller WILL NOT do any repairs. With its spacious open layout and ample natural light, this house is just waiting for someone to come in and give it a fresh update.

See more in Analysis
Garrett Ayers
The Investor's Broker, LLC
OK Agent License #171032

Annual Financial Highlights

Expected Rent

$17,670

Expenses

-$3,952

Property Taxes

-$1,350

Loan Payments

-$8,046

Net Cash Flow

$4,322

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Ney Briggs
Agent License 178518
Ariston Realty LLC
Certified Agent Brokerage:Garrett Ayers
The Investor's Broker, LLC
OK Brokerage License 182658
SourceOklahoma City, OK
MLS #1107548
Last Updated: 04/09/2024 18:04
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.