24 SE 88th StOklahoma CityOK73149
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
Investment Highlights
Investment property for sale in Oklahoma City at 24 SE 88th St, Oklahoma City, OK, 73149 uses $69,615 cash to close to unlock $4,413/yr annual cash flow and $368/mo monthly cash flow. Total monthly income runs $1,709/mo, and a $1,028/mo payment keeps the spread at $368/mo. Purchase price stands at $210,000, and rental yield measures 9.77% with $1,709/mo rent. Return on cash invested shows 26.25% in year one, and 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 137.11% and total cumulative return in cash records $95,452. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,709/mo property income covering a $1,028/mo payment rather than investor’s personal income.
Single Family
Built in 2012
4,399 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73149, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,719 (100%) |
| Owner Occupied HU | 1,057 (38.9%) |
| Renter Occupied HU | 1,342 (49.4%) |
| Vacant Housing Units | 320 (11.8%) |
| Median Home Value | $155,119 |
| Average Home Value | $250,643 |
Housing Distribution
Address Breakdown
Residential
2,211
Single Family
2,007
Multi-Family
204
Businesses
443
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gordon Watson • Hamilwood Real Estate
Mls Name: MLSOK/OKCMAR
Mls ID: #1209883