13420 Northlake DrOklahoma CityOK73142
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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 13420 Northlake Dr, Oklahoma City, OK, 73142 earns $3,560/mo cash flow from $6,176/mo rent with a $2,005/mo payment. Total monthly income totals $6,176/mo, and annual cash flow totals $42,718/yr on $135,816 capital. ROI tracks 51.36% on current figures, and rental yield reads 18.09% at a $409,700 purchase. Equity gained on principal adds $2,644/yr, and 5% annual appreciation supports $113,193 over five years. Five-year ROI reaches 271.75% and total cumulative return in cash sums $369,085. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,176/mo property income instead of your personal income.
Single Family
Built in 1995
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73142, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,350 (100%) |
| Owner Occupied HU | 4,166 (49.9%) |
| Renter Occupied HU | 3,653 (43.7%) |
| Vacant Housing Units | 531 ( 6.4%) |
| Median Home Value | $420,341 |
| Average Home Value | $479,677 |
Housing Distribution
Address Breakdown
Residential
8,521
Single Family
7,653
Multi-Family
868
Businesses
349
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Listed by: Chad J Khoury • Solas Real Estate LLC
Mls Name: MLSOK/OKCMAR
Mls ID: #1182228