1515 NE 50th 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 1515 NE 50th St, Oklahoma City, OK, 73111 offers a 10.48% rental yield on a $165,000 purchase with $1,441/mo rent. Total monthly income registers $1,441/mo, and a $808/mo payment leaves $387/mo available for distribution. Annual cash flow reaches $4,642/yr on $54,698 to close, and return on cash invested stands at 28.4% in year one. Equity gained on principal adds $1,065/yr while 5% annual appreciation supports $45,586 over five years. Portfolio math shows five-year ROI at 148.63% and total cumulative return in cash at $81,299. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,441/mo property income against a $808/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
6,534 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: Lauren J Sargeant • Keller Williams Realty Elite
Mls Name: MLSOK/OKCMAR
Mls ID: #1190071