2415 NE 98th StOklahoma CityOK73131
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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 2415 NE 98th St, Oklahoma City, OK, 73131 uses $135,915 cash to close to unlock $14,129/yr annual cash flow and $1,177/mo monthly cash flow. Total monthly income runs $3,796/mo, and a $2,007/mo payment keeps the spread at $1,177/mo. Purchase price stands at $410,000, and rental yield measures 11.11% with $3,796/mo rent. Return on cash invested shows 30.3% in year one, and 5% annual appreciation builds toward $113,275 over five years. Five-year ROI reaches 158.86% and total cumulative return in cash records $215,915. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,796/mo property income covering a $2,007/mo payment rather than investor’s personal income.
Single Family
Built in 1964
1.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73131, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,404 (100%) |
| Owner Occupied HU | 1,072 (76.4%) |
| Renter Occupied HU | 180 (12.8%) |
| Vacant Housing Units | 152 (10.8%) |
| Median Home Value | $351,873 |
| Average Home Value | $496,277 |
Housing Distribution
Address Breakdown
Residential
1,337
Single Family
1,334
Multi-Family
3
Businesses
201
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Listed by: Jennifer Fields • RE/MAX at Home
Mls Name: MLSOK/OKCMAR
Mls ID: #1198303