2208 NE 22nd StOklahoma 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 2208 NE 22nd St, Oklahoma City, OK, 73111 listed at $192,000 pairs $1,260/mo rent with a $940/mo payment to leave $34/mo cash flow. Total monthly income runs $1,260/mo, and annual cash flow reaches $403/yr on $63,648 cash to close. Return on cash invested measures 20.54% in year one, and rental yield registers 7.88% at a $192,000 basis. Equity gained on principal adds $1,239/yr, and annual property appreciation at 5% supports $53,046 by year five. Five-year ROI tracks 106.53% and total cumulative return in cash totals $67,804. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,260/mo property income relative to a $940/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1930
6,599 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: Brooke Bale • CityGates Real Estate LLC
Mls Name: MLSOK/OKCMAR
Mls ID: #1204483