2047 Ridgeview RdMidwest CityOK73130
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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
Investment property for sale in Midwest City at 2047 Ridgeview Rd, Midwest City, OK, 73130 listed at $243,000 pairs $1,678/mo rent with a $1,189/mo payment to leave $80/mo cash flow. Total monthly income runs $1,678/mo, and annual cash flow reaches $962/yr on $80,555 cash to close. Return on cash invested measures 21.1% in year one, and rental yield registers 8.29% at a $243,000 basis. Equity gained on principal adds $1,568/yr, and annual property appreciation at 5% supports $67,136 by year five. Five-year ROI tracks 109.81% and total cumulative return in cash totals $88,460. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,678/mo property income relative to a $1,189/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1999
8,398 sqft lot
$N/A/sqft
$240 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73130, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,477 (100%) |
| Owner Occupied HU | 6,347 (67.0%) |
| Renter Occupied HU | 2,565 (27.1%) |
| Vacant Housing Units | 565 ( 6.0%) |
| Median Home Value | $236,298 |
| Average Home Value | $283,740 |
Housing Distribution
Address Breakdown
Residential
9,257
Single Family
8,456
Multi-Family
801
Businesses
376
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Listed by: Randy Heintzelman • Prestige Real Estate Services
Mls Name: MLSOK/OKCMAR
Mls Provider:
Mls ID: #1164109
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