2200 N Rhode Island AveOklahoma CityOK73111
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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 2200 N Rhode Island Ave, Oklahoma City, OK, 73111 offers a 11.33% rental yield on a $154,900 purchase with $1,463/mo rent. Total monthly income registers $1,463/mo, and a $758/mo payment leaves $474/mo available for distribution. Annual cash flow reaches $5,687/yr on $51,349 to close, and return on cash invested stands at 30.98% in year one. Equity gained on principal adds $1,000/yr while 5% annual appreciation supports $42,796 over five years. Portfolio math shows five-year ROI at 162.48% and total cumulative return in cash at $83,432. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,463/mo property income against a $758/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1946
7,200 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
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Listed by: Ethan Wilson • Tall Grass
Mls Name: MLSOK/OKCMAR
Mls ID: #1199920