2221 SW 24th StOklahoma CityOK73108
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid fundamentals define the investment case at 2221 SW 24th St, Oklahoma City, OK, 73108 in Oklahoma City: $1,800/mo in rent, $427/mo in net income, 10.05% gross yield, 1.86 DSCR, all at $215,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $59,401 in appreciation and $1,980/yr in principal paydown projects total cumulative return of $109,216.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 10.0% |
| Monthly Cash Flow | $427 | $450 |
City averages based on Oklahoma City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,800 |
| Total Monthly Debt Service | $1,287 |
| DSCR Ratio | 1.40x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2023
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73108, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,156 (100%) |
| Owner Occupied HU | 1,962 (31.9%) |
| Renter Occupied HU | 3,317 (53.9%) |
| Vacant Housing Units | 877 (14.2%) |
| Median Home Value | $86,384 |
| Average Home Value | $156,341 |
Housing Distribution
Address Breakdown
Residential
5,267
Single Family
4,785
Multi-Family
482
Businesses
831
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
Single Family
Built in 2023
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73108, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,156 (100%) |
| Owner Occupied HU | 1,962 (31.9%) |
| Renter Occupied HU | 3,317 (53.9%) |
| Vacant Housing Units | 877 (14.2%) |
| Median Home Value | $86,384 |
| Average Home Value | $156,341 |
Housing Distribution
Address Breakdown
Residential
5,267
Single Family
4,785
Multi-Family
482
Businesses
831
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MLSOK/OKCMAR as distributed by MLS GRID
Mls ID: #1219408