2104 NE 15th StOklahoma CityOK73117
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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 2104 NE 15th St, Oklahoma City, OK, 73117 offers a 8.6% rental yield on a $199,999 purchase with $1,434/mo rent. Total monthly income registers $1,434/mo, and a $979/mo payment leaves $157/mo available for distribution. Annual cash flow reaches $1,880/yr on $66,300 to close, and return on cash invested stands at 22.74% in year one. Equity gained on principal adds $1,291/yr while 5% annual appreciation supports $55,256 over five years. Portfolio math shows five-year ROI at 118.33% and total cumulative return in cash at $78,452. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,434/mo property income against a $979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1946
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73117, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,461 (100%) |
| Owner Occupied HU | 1,015 (29.3%) |
| Renter Occupied HU | 1,802 (52.1%) |
| Vacant Housing Units | 644 (18.6%) |
| Median Home Value | $134,704 |
| Average Home Value | $166,340 |
Housing Distribution
Address Breakdown
Residential
3,213
Single Family
2,839
Multi-Family
374
Businesses
258
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Listed by: Melissa Santos • Coldwell Banker Select
Mls Name: MLSOK/OKCMAR
Mls ID: #1191236