204 W Ercoupe DrMidwest CityOK73110
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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 Midwest City at 204 W Ercoupe Dr, Midwest City, OK, 73110 priced at $186,000 pairs $1,579/mo rent with $392/mo cash flow after a $910/mo payment. Total monthly income equals $1,579/mo, and annual cash flow comes to $4,699/yr on $61,659 invested. Return on cash invested is 27.53% in year one, and rental yield stands at 10.19% on a $186,000 basis. Equity gained on principal adds $1,200/yr, and 5% annual appreciation accumulates to $51,388 by year five. Five-year ROI measures 143.99% and total cumulative return in cash reaches $88,780. For financing, Ziffy Mortgage’s DSCR program evaluates $1,579/mo property income against a $910/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1943
6,324 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73110, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,643 (100%) |
| Owner Occupied HU | 5,863 (37.5%) |
| Renter Occupied HU | 8,252 (52.8%) |
| Vacant Housing Units | 1,528 ( 9.8%) |
| Median Home Value | $158,679 |
| Average Home Value | $207,290 |
Housing Distribution
Address Breakdown
Residential
15,087
Single Family
13,542
Multi-Family
1,545
Businesses
881
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Listed by: O'Shaka Robinson • Engel & Vlkers Oklahoma City
Mls Name: Engel & Volkers
Mls ID: #1170326