1204 NW 42nd StOklahoma CityOK73118
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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 1204 NW 42nd St, Oklahoma City, OK, 73118 listed at $890,000 pairs $1,698/mo rent with a $4,356/mo payment. Total monthly income runs $1,698/mo. Return on cash invested measures 3.73% in year one, and rental yield registers 2.29% at a $890,000 basis. Equity gained on principal adds $5,743/yr, and annual property appreciation at 5% supports $245,891 by year five. Five-year ROI tracks 16.29% and total cumulative return in cash totals $47,704. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,698/mo property income relative to a $4,356/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73118, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,607 (100%) |
| Owner Occupied HU | 3,415 (44.9%) |
| Renter Occupied HU | 3,173 (41.7%) |
| Vacant Housing Units | 1,019 (13.4%) |
| Median Home Value | $349,580 |
| Average Home Value | $411,447 |
Housing Distribution
Address Breakdown
Residential
6,877
Single Family
6,352
Multi-Family
525
Businesses
1,156
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Listed by: Joy Baresel • Engel & Voelkers Oklahoma City
Mls Name: MLSOK/OKCMAR
Mls ID: #1173053