1617 NE 15th 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 1617 NE 15th St, Oklahoma City, OK, 73117 earns $138/mo cash flow from $968/mo rent with a $636/mo payment. Total monthly income totals $968/mo, and annual cash flow totals $1,657/yr on $43,095 capital. ROI tracks 23.75% on current figures, and rental yield reads 8.94% at a $130,000 purchase. Equity gained on principal adds $839/yr, and 5% annual appreciation supports $35,917 over five years. Five-year ROI reaches 123.84% and total cumulative return in cash sums $53,367. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $968/mo property income instead of your personal income.
Multi Family
Built in 1928
6,251 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: Chasadi Fails-Ortiz • Elaborate Real Estate
Mls Name: MLSOK/OKCMAR
Mls ID: #1204242