1815 W Park PlOklahoma 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
Rental property for sale in Oklahoma City at 1815 W Park Pl, Oklahoma City, OK, 73106 generates $2,606/mo in rent and, after a $1,860/mo payment, leaves $179/mo in cash flow. Total monthly income is $2,606/mo, and annual cash flow is $2,150/yr on $125,970 invested. Return on cash invested sits at 21.62% in year one, and rental yield is 8.23% on a $380,000 entry. Equity gained on principal adds $2,452/yr, while 5% annual appreciation builds toward $104,987 over five years. Five-year ROI reaches 112.27% and total cumulative return in cash sums $141,433. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,606/mo property income rather than buyer’s personal income.
Multi Family
Built in 1930
7,000 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: Nickalas Reynolds Tran • Spearhead Realty Group LLC
Mls Name: MLSOK/OKCMAR
Mls ID: #1198262