1805 N Gatewood Ave #1 & 2Oklahoma CityOK73106
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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 1805 N Gatewood Ave #1 & 2, Oklahoma City, OK, 73106 offers a 2.36% rental yield on a $889,000 purchase with $1,751/mo rent. 95% in year one. Equity gained on principal adds $5,737/yr while 5% annual appreciation supports $245,614 over five years. Portfolio math shows five-year ROI at 17.49% and total cumulative return in cash at $51,158. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,751/mo property income against a $4,351/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1927
4,721 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73106, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,174 (100%) |
| Owner Occupied HU | 1,746 (24.3%) |
| Renter Occupied HU | 4,170 (58.1%) |
| Vacant Housing Units | 1,258 (17.5%) |
| Median Home Value | $288,990 |
| Average Home Value | $340,407 |
Housing Distribution
Address Breakdown
Residential
5,596
Single Family
4,412
Multi-Family
1,184
Businesses
847
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Listed by: Stephanie Matthews • McGraw Davisson Stewart LLC
Mls Name: MLSOK/OKCMAR
Mls ID: #1196614