1504 NW 46th StOklahoma CityOK73118
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 1504 NW 46th St, Oklahoma City, OK, 73118 in Oklahoma City worth study. Rental yield 4.82%. The 4.82% gross yield is below cash-flow benchmarks at $675,000, but 5% annual appreciation, adding $186,490 over five years, frames this as a capital growth position. Rent of $2,711/mo partially offsets the $3,035/mo payment. Ziffy Mortgage finances appreciation-play properties (0.89 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $153,648.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.8% | 10.0% |
| Monthly Cash Flow | $(1,600) | $450 |
City averages based on Oklahoma City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,711 |
| Total Monthly Debt Service | $4,042 |
| DSCR Ratio | 0.67x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2026
6,298 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2026
6,298 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MLSOK/OKCMAR as distributed by MLS GRID
Mls ID: #1205357