1110 Sherwood Ln APT 220Nichols HillsOK73116
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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 Nichols Hills at 1110 Sherwood Ln APT 220, Nichols Hills, OK, 73116 listed at $325,000 pairs $2,520/mo rent with a $1,591/mo payment to leave $444/mo cash flow. Total monthly income runs $2,520/mo, and annual cash flow reaches $5,331/yr on $107,738 cash to close. Return on cash invested measures 24.86% in year one, and rental yield registers 9.3% at a $325,000 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,792 by year five. Five-year ROI tracks 129.66% and total cumulative return in cash totals $139,693. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,520/mo property income relative to a $1,591/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73116, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,669 (100%) |
| Owner Occupied HU | 2,842 (60.9%) |
| Renter Occupied HU | 1,391 (29.8%) |
| Vacant Housing Units | 436 ( 9.3%) |
| Median Home Value | $359,553 |
| Average Home Value | $601,598 |
Housing Distribution
Address Breakdown
Residential
4,884
Single Family
4,183
Multi-Family
701
Businesses
1,378
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Listed by: Spencer Stone • Sage Sotheby's Realty
Mls Name: MLSOK/OKCMAR
Mls ID: #1200855