1835 Drakestone AveNichols HillsOK73120
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable and efficiently structured, 1835 Drakestone Ave, Nichols Hills, OK, 73120 in Nichols Hills is a conservative rental investment at $487,000. Rental yield 8%. A 1.48 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $134,549; $4,485/yr in principal paydown supplements. Total projected return: $182,322.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 6.2% |
| Monthly Cash Flow | $(56) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,246 |
| Total Monthly Debt Service | $3,108 |
| DSCR Ratio | 1.04x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1952
10,824 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73120, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,050 (100%) |
| Owner Occupied HU | 9,138 (45.6%) |
| Renter Occupied HU | 8,625 (43.0%) |
| Vacant Housing Units | 2,287 (11.4%) |
| Median Home Value | $282,510 |
| Average Home Value | $370,797 |
Housing Distribution
Address Breakdown
Residential
19,393
Single Family
12,919
Multi-Family
6,474
Businesses
1,138
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1952
10,824 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73120, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,050 (100%) |
| Owner Occupied HU | 9,138 (45.6%) |
| Renter Occupied HU | 8,625 (43.0%) |
| Vacant Housing Units | 2,287 (11.4%) |
| Median Home Value | $282,510 |
| Average Home Value | $370,797 |
Housing Distribution
Address Breakdown
Residential
19,393
Single Family
12,919
Multi-Family
6,474
Businesses
1,138
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices