1508 NE 18th StOklahoma CityOK73111
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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 1508 NE 18th St, Oklahoma City, OK, 73111 offers a 5.6% rental yield on a $298,500 purchase with $1,393/mo rent. 68% in year one. Equity gained on principal adds $1,926/yr while 5% annual appreciation supports $82,470 over five years. Portfolio math shows five-year ROI at 69.72% and total cumulative return in cash at $68,985. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,393/mo property income against a $1,461/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73111, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,212 (100%) |
| Owner Occupied HU | 2,312 (37.2%) |
| Renter Occupied HU | 2,709 (43.6%) |
| Vacant Housing Units | 1,191 (19.2%) |
| Median Home Value | $157,823 |
| Average Home Value | $248,696 |
Housing Distribution
Address Breakdown
Residential
5,005
Single Family
4,890
Multi-Family
115
Businesses
407
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Listed by: Athen Andrade • Keller Williams Realty Elite
Mls Name: MLSOK/OKCMAR
Mls ID: #1205606