1 NE 2nd StOklahoma CityOK73104
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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 Oklahoma City at 1 NE 2nd St, Oklahoma City, OK, 73104 priced at $192,500 pairs $2,398/mo rent with $1,023/mo cash flow after a $942/mo payment. Total monthly income equals $2,398/mo, and annual cash flow comes to $12,276/yr on $63,814 invested. Return on cash invested is 39.15% in year one, and rental yield stands at 14.95% on a $192,500 basis. Equity gained on principal adds $1,242/yr, and 5% annual appreciation accumulates to $53,184 by year five. Five-year ROI measures 207.35% and total cumulative return in cash reaches $132,317. For financing, Ziffy Mortgage’s DSCR program evaluates $2,398/mo property income against a $942/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2009
N/A lot
$N/A/sqft
$1,750 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73104, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,456 (100%) |
| Owner Occupied HU | 313 (12.7%) |
| Renter Occupied HU | 1,833 (74.6%) |
| Vacant Housing Units | 310 (12.6%) |
| Median Home Value | $382,941 |
| Average Home Value | $447,972 |
Housing Distribution
Address Breakdown
Residential
2,343
Single Family
1,111
Multi-Family
1,232
Businesses
479
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Listed by: Heath Bowman • Look Properties, LLC
Mls Name: Stillwater MLS
Mls Provider:
Mls ID: #132307
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.