1338 South DrOklahoma CityOK73119
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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
Rental property for sale in Oklahoma City at 1338 South Dr, Oklahoma City, OK, 73119 generates $1,199/mo in rent and, after a $783/mo payment, leaves $177/mo in cash flow. Total monthly income is $1,199/mo, and annual cash flow is $2,128/yr on $53,040 invested. Return on cash invested sits at 23.92% in year one, and rental yield is 8.99% on a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 124.66% and total cumulative return in cash sums $66,122. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,199/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
7,148 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73119, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,492 (100%) |
| Owner Occupied HU | 4,694 (40.8%) |
| Renter Occupied HU | 5,476 (47.7%) |
| Vacant Housing Units | 1,322 (11.5%) |
| Median Home Value | $101,182 |
| Average Home Value | $167,585 |
Housing Distribution
Address Breakdown
Residential
10,850
Single Family
10,156
Multi-Family
694
Businesses
744
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Listed by: Janice Foust • LIME Realty
Mls Name: MLSOK/OKCMAR
Mls ID: #1208676