1421 NE 8th 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 1421 NE 8th St, Oklahoma City, OK, 73117 listed at $200,000 pairs $1,979/mo rent with a $979/mo payment to leave $702/mo cash flow. Total monthly income runs $1,979/mo, and annual cash flow reaches $8,420/yr on $66,300 cash to close. Return on cash invested measures 32.61% in year one, and rental yield registers 11.87% at a $200,000 basis. Equity gained on principal adds $1,291/yr, and annual property appreciation at 5% supports $55,256 by year five. Five-year ROI tracks 171.22% and total cumulative return in cash totals $113,516. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,979/mo property income relative to a $979/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1939
7,000 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: Erica Lewis • LUXE Realty Collective
Mls Name: MLSOK/OKCMAR
Mls ID: #1211568