216 NW 22nd 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
Rental property for sale in Oklahoma City at 216 NW 22nd St, Oklahoma City, OK, 73103 generates $2,644/mo in rent, after a $2,423/mo payment. Total monthly income is $2,644/mo. Return on cash invested sits at 16.13% in year one, and rental yield is 6.41% on a $495,000 entry. Equity gained on principal adds $3,194/yr, while 5% annual appreciation builds toward $136,759 over five years. Five-year ROI reaches 82.81% and total cumulative return in cash sums $135,886. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,644/mo property income rather than buyer’s personal income.
Single Family
Built in 1909
7,501 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: Wendy W Chong • RE/MAX Preferred
Mls Name: MLSOK/OKCMAR
Mls ID: #1195467