215 NW 16th StOklahoma CityOK73103
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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 215 NW 16th St, Oklahoma City, OK, 73103 offers a 3.33% rental yield on a $1,299,000 purchase with $3,602/mo rent. 99% in year one. Equity gained on principal adds $8,382/yr while 5% annual appreciation supports $358,890 over five years. Portfolio math shows five-year ROI at 33.72% and total cumulative return in cash at $141,925. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,602/mo property income against a $6,358/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1913
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73103, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,484 (100%) |
| Owner Occupied HU | 780 (22.4%) |
| Renter Occupied HU | 2,233 (64.1%) |
| Vacant Housing Units | 471 (13.5%) |
| Median Home Value | $468,182 |
| Average Home Value | $566,542 |
Housing Distribution
Address Breakdown
Residential
3,179
Single Family
1,894
Multi-Family
1,285
Businesses
522
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Listed by: David Frayer • Black Label Realty
Mls Name: MLSOK/OKCMAR
Mls ID: #1209947