2049 NE 17th StOklahoma CityOK73111
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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 Oklahoma City at 2049 NE 17th St, Oklahoma City, OK, 73111 uses $41,769 cash to close to unlock $2,077/yr annual cash flow and $173/mo monthly cash flow. Total monthly income runs $978/mo, and a $617/mo payment keeps the spread at $173/mo. Purchase price stands at $126,000, and rental yield measures 9.31% with $978/mo rent. Return on cash invested shows 24.88% in year one, and 5% annual appreciation builds toward $34,811 over five years. Five-year ROI reaches 129.87% and total cumulative return in cash records $54,247. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $978/mo property income covering a $617/mo payment rather than investor’s personal income.
Single Family
Built in 1944
6,599 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73111, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,212 (100%) |
| Owner Occupied HU | 2,312 (37.2%) |
| Renter Occupied HU | 2,709 (43.6%) |
| Vacant Housing Units | 1,191 (19.2%) |
| Median Home Value | $157,823 |
| Average Home Value | $248,696 |
Housing Distribution
Address Breakdown
Residential
5,005
Single Family
4,890
Multi-Family
115
Businesses
407
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Listed by: Sameerah Williams • Copper Creek Real Estate
Mls Name: MLSOK/OKCMAR
Mls ID: #1212357