228 NW 88th StOklahoma CityOK73114
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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 228 NW 88th St, Oklahoma City, OK, 73114 uses $54,664 cash to close to unlock $7,980/yr annual cash flow and $665/mo monthly cash flow. Total monthly income runs $1,718/mo, and a $807/mo payment keeps the spread at $665/mo. Purchase price stands at $164,900, and rental yield measures 12.5% with $1,718/mo rent. Return on cash invested shows 34.51% in year one, and 5% annual appreciation builds toward $45,559 over five years. Five-year ROI reaches 181.46% and total cumulative return in cash records $99,196. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,718/mo property income covering a $807/mo payment rather than investor’s personal income.
Single Family
Built in 1973
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73114, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,387 (100%) |
| Owner Occupied HU | 2,922 (28.1%) |
| Renter Occupied HU | 6,263 (60.3%) |
| Vacant Housing Units | 1,202 (11.6%) |
| Median Home Value | $174,609 |
| Average Home Value | $262,045 |
Housing Distribution
Address Breakdown
Residential
9,447
Single Family
7,589
Multi-Family
1,858
Businesses
885
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Listed by: Casey C Johnston • Spearhead Realty Group LLC
Mls Name: MLSOK/OKCMAR
Mls ID: #1190682