1008 NE 20th StOklahoma CityOK73111
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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 1008 NE 20th St, Oklahoma City, OK, 73111 generates $2,330/mo in rent and, after a $1,175/mo payment, leaves $797/mo in cash flow. Total monthly income is $2,330/mo, and annual cash flow is $9,564/yr on $79,560 invested. Return on cash invested sits at 31.93% in year one, and rental yield is 11.65% on a $240,000 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 167.56% and total cumulative return in cash sums $133,310. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,330/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
4,199 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73111, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,212 (100%) |
| Owner Occupied HU | 2,312 (37.2%) |
| Renter Occupied HU | 2,709 (43.6%) |
| Vacant Housing Units | 1,191 (19.2%) |
| Median Home Value | $157,823 |
| Average Home Value | $248,696 |
Housing Distribution
Address Breakdown
Residential
5,005
Single Family
4,890
Multi-Family
115
Businesses
407
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Listed by: Logan LaNou • Copper Creek Real Estate
Mls Name: MLSOK/OKCMAR
Mls ID: #1196854