2132 N Kelham AveOklahoma CityOK73111
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
Rental property for sale in Oklahoma City at 2132 N Kelham Ave, Oklahoma City, OK, 73111 offers $1,079/mo rent that, after a $597/mo payment, leaves $300/mo cash flow. Total monthly income is $1,079/mo, and annual cash flow is $3,600/yr on $40,443 cash. Return on cash invested measures 28.81% in year one, and rental yield stands at 10.61% at a $122,000 entry. Equity gained on principal adds $787/yr while 5% annual appreciation compounds into $33,706 by year five. Five-year ROI records 150.97% and total cumulative return in cash reaches $61,055. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,079/mo property income versus a $597/mo payment rather than borrower’s personal income verification through 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: 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Grace Conroy • Keller Williams Realty Elite
Mls Name: MLSOK/OKCMAR
Mls ID: #1190609