1908 Melanie DrOklahoma CityOK73127
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
Investment Highlights
Investment property for sale in Oklahoma City at 1908 Melanie Dr, Oklahoma City, OK, 73127 uses $69,582 cash to close to unlock $4,067/yr annual cash flow and $339/mo monthly cash flow. Total monthly income runs $1,679/mo, and a $1,027/mo payment keeps the spread at $339/mo. Purchase price stands at $209,900, and rental yield measures 9.6% with $1,679/mo rent. Return on cash invested shows 25.75% in year one, and 5% annual appreciation builds toward $57,992 over five years. Five-year ROI reaches 134.46% and total cumulative return in cash records $93,560. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,679/mo property income covering a $1,027/mo payment rather than investor’s personal income.
Single Family
Built in 2022
6,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73127, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,887 (100%) |
| Owner Occupied HU | 4,420 (34.3%) |
| Renter Occupied HU | 6,570 (51.0%) |
| Vacant Housing Units | 1,897 (14.7%) |
| Median Home Value | $171,284 |
| Average Home Value | $209,760 |
Housing Distribution
Address Breakdown
Residential
11,123
Single Family
10,231
Multi-Family
892
Businesses
1,312
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephanie Parr • Chamberlain Realty LLC
Mls Name: MLSOK/OKCMAR
Mls ID: #1190136