208 E Lockheed DrMidwest CityOK73110
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 Midwest City at 208 E Lockheed Dr, Midwest City, OK, 73110 with 5% annual appreciation on a $100,000 basis while $1,708/mo rent supports operations. Total monthly income totals $1,708/mo and a $489/mo payment preserves $1,065/mo for cash returns. Annual cash flow comes to $12,785/yr on $33,150 deployed, and return on cash invested reaches 58.48% in year one. Equity gained on principal adds $645/yr, and five-year appreciation sums $27,628 alongside rental yield of 20.5%. Five-year ROI measures 310.09% and total cumulative return in cash totals $102,796.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,708/mo property income versus a $489/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1943
10,702 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alyssa L McDowell • Cultivate Real Estate
Mls Name: MLSOK/OKCMAR
Mls Provider:
Mls ID: #1174411
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-29 03:22:34 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#88)