2017 NW 15th StOklahoma CityOK73106
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 2017 NW 15th St, Oklahoma City, OK, 73106 in Oklahoma City worth modelling. At $106,000 with a 9.26% gross yield, the $818/mo rent leaves $141/mo after the $477/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.71 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $29,286 by year five; $976/yr in principal reduction adds further equity. Total projected return: $49,352.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 10.0% |
| Monthly Cash Flow | $141 | $450 |
City averages based on Oklahoma City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $818 |
| Total Monthly Debt Service | $635 |
| DSCR Ratio | 1.29x |
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 1923
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
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 1923
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Samuel Herrera • Black Label Realty
Mls Name: MLSOK/OKCMAR
Mls ID: #1202682