10505 Turtle Back DrMidwest 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 10505 Turtle Back Dr, Midwest City, OK, 73130 offers a 9.45% rental yield on a $259,000 purchase with $2,040/mo rent. Total monthly income registers $2,040/mo, and a $1,268/mo payment leaves $386/mo available for distribution. Annual cash flow reaches $4,628/yr on $85,859 to close, and return on cash invested stands at 25.3% in year one. Equity gained on principal adds $1,671/yr while 5% annual appreciation supports $71,557 over five years. Portfolio math shows five-year ROI at 132.01% and total cumulative return in cash at $113,344. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,040/mo property income against a $1,268/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
6,599 sqft 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: Jennifer Lindsey • Collection 7 Realty
Mls Name: MLSOK/OKCMAR
Mls ID: #1205186