1709 Meyers PlOklahoma 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 1709 Meyers Pl, Oklahoma City, OK, 73111 uses $49,725 cash to close to unlock $2,775/yr annual cash flow and $231/mo monthly cash flow. Total monthly income runs $1,189/mo, and a $734/mo payment keeps the spread at $231/mo. Purchase price stands at $150,000, and rental yield measures 9.51% with $1,189/mo rent. Return on cash invested shows 25.49% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 133.1% and total cumulative return in cash records $66,186. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,189/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1956
8,441 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: Chasadi Fails-Ortiz • Elaborate Real Estate
Mls Name: MLSOK/OKCMAR
Mls ID: #1193681