1315 NE 6th StOklahoma CityOK73117
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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 1315 NE 6th St, Oklahoma City, OK, 73117 uses $107,738 cash to close to unlock $1,923/yr annual cash flow and $160/mo monthly cash flow. Total monthly income runs $2,236/mo, and a $1,591/mo payment keeps the spread at $160/mo. Purchase price stands at $325,000, and rental yield measures 8.26% with $2,236/mo rent. Return on cash invested shows 21.69% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 112.7% and total cumulative return in cash records $121,417. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,236/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Multi Family
Built in 2022
3,750 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
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Listed by: Rebecca Seeley • Elite Realty Team LLC
Mls Name: MLSOK/OKCMAR
Mls ID: #1172553