10401 SE 23rd StMidwest 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
Rental property for sale in Midwest City at 10401 SE 23rd St, Midwest City, OK, 73130 generates $2,196/mo in rent, after a $1,750/mo payment. Total monthly income is $2,196/mo. Return on cash invested sits at 19.03% in year one, and rental yield is 7.37% on a $357,500 entry. Equity gained on principal adds $2,307/yr, while 5% annual appreciation builds toward $98,771 over five years. Five-year ROI reaches 98.36% and total cumulative return in cash sums $116,573. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,196/mo property income rather than buyer’s personal income.
Single Family
Built in 2013
0.53 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: Karen King • King Real Estate Group
Mls Name: MLSOK/OKCMAR
Mls ID: #1207096