1108 NE 16th StOklahoma CityOK73117
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 1108 NE 16th St, Oklahoma City, OK, 73117 in Oklahoma City is straightforward: $199,950 in, $1,609/mo in rent, $332/mo out after debt service. The 9.66% gross yield and 1.79 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $55,243 by year five. With $1,842/yr in principal equity, the total cumulative return is projected at $97,374.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 10.0% |
| Monthly Cash Flow | $332 | $450 |
City averages based on Oklahoma City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,609 |
| Total Monthly Debt Service | $1,197 |
| DSCR Ratio | 1.34x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1928
7,204 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73117, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,461 (100%) |
| Owner Occupied HU | 1,015 (29.3%) |
| Renter Occupied HU | 1,802 (52.1%) |
| Vacant Housing Units | 644 (18.6%) |
| Median Home Value | $134,704 |
| Average Home Value | $166,340 |
Housing Distribution
Address Breakdown
Residential
3,213
Single Family
2,839
Multi-Family
374
Businesses
258
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1928
7,204 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73117, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,461 (100%) |
| Owner Occupied HU | 1,015 (29.3%) |
| Renter Occupied HU | 1,802 (52.1%) |
| Vacant Housing Units | 644 (18.6%) |
| Median Home Value | $134,704 |
| Average Home Value | $166,340 |
Housing Distribution
Address Breakdown
Residential
3,213
Single Family
2,839
Multi-Family
374
Businesses
258
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Paul Brooks • RE/MAX Preferred
Mls Name: MLSOK/OKCMAR
Mls ID: #1195621