11417 Wallace AveOklahoma CityOK73162
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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 Oklahoma City at 11417 Wallace Ave, Oklahoma City, OK, 73162 listed at $218,000 pairs $1,824/mo rent with a $1,067/mo payment to leave $432/mo cash flow. Total monthly income runs $1,824/mo, and annual cash flow reaches $5,182/yr on $72,267 cash to close. Return on cash invested measures 27.08% in year one, and rental yield registers 10.04% at a $218,000 basis. Equity gained on principal adds $1,407/yr, and annual property appreciation at 5% supports $60,229 by year five. Five-year ROI tracks 141.55% and total cumulative return in cash totals $102,295. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,824/mo property income relative to a $1,067/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1986
6,050 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73162, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,312 (100%) |
| Owner Occupied HU | 8,376 (62.9%) |
| Renter Occupied HU | 4,174 (31.4%) |
| Vacant Housing Units | 762 ( 5.7%) |
| Median Home Value | $268,862 |
| Average Home Value | $288,926 |
Housing Distribution
Address Breakdown
Residential
12,598
Single Family
11,380
Multi-Family
1,218
Businesses
377
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Listed by: Lana Wienstroer • LW Realty Group LLC
Mls Name: MLSOK/OKCMAR
Mls ID: #1180840