10329 E Reno AveMidwest CityOK73130
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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
Investment property for sale in Midwest City at 10329 E Reno Ave, Midwest City, OK, 73130 uses $39,780 cash to close to unlock $6,852/yr annual cash flow and $571/mo monthly cash flow. Total monthly income runs $1,337/mo, and a $587/mo payment keeps the spread at $571/mo. Purchase price stands at $120,000, and rental yield measures 13.37% with $1,337/mo rent. Return on cash invested shows 37.13% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 195.43% and total cumulative return in cash records $77,743. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,337/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1945
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73130, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,477 (100%) |
| Owner Occupied HU | 6,347 (67.0%) |
| Renter Occupied HU | 2,565 (27.1%) |
| Vacant Housing Units | 565 ( 6.0%) |
| Median Home Value | $236,298 |
| Average Home Value | $283,740 |
Housing Distribution
Address Breakdown
Residential
9,257
Single Family
8,456
Multi-Family
801
Businesses
376
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Listed by: Kingston Dode • LRE Realty LLC
Mls Name: MLSOK/OKCMAR
Mls ID: #1191931