1809 NW 31st StOklahoma CityOK73118
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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
Rental property for sale in Oklahoma City at 1809 NW 31st St, Oklahoma City, OK, 73118 generates $1,069/mo in rent and, after a $671/mo payment, leaves $194/mo in cash flow. Total monthly income is $1,069/mo, and annual cash flow is $2,324/yr on $45,416 invested. Return on cash invested sits at 25.03% in year one, and rental yield is 9.36% on a $137,000 entry. Equity gained on principal adds $884/yr, while 5% annual appreciation builds toward $37,851 over five years. Five-year ROI reaches 130.56% and total cumulative return in cash sums $59,296. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,069/mo property income rather than buyer’s personal income.
Single Family
Built in 1929
8,498 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73118, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,607 (100%) |
| Owner Occupied HU | 3,415 (44.9%) |
| Renter Occupied HU | 3,173 (41.7%) |
| Vacant Housing Units | 1,019 (13.4%) |
| Median Home Value | $349,580 |
| Average Home Value | $411,447 |
Housing Distribution
Address Breakdown
Residential
6,877
Single Family
6,352
Multi-Family
525
Businesses
1,156
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Listed by: Andrea Sheung • GOLD TREE REALTORS LLC
Mls Name: MLSOK/OKCMAR
Mls ID: #1205075