2420 SW 116th StOklahoma CityOK73170
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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 2420 SW 116th St, Oklahoma City, OK, 73170 offers a 9.9% rental yield on a $490,000 purchase with $4,042/mo rent. Total monthly income registers $4,042/mo, and a $2,398/mo payment leaves $913/mo available for distribution. Annual cash flow reaches $10,957/yr on $162,435 to close, and return on cash invested stands at 26.65% in year one. Equity gained on principal adds $3,162/yr while 5% annual appreciation supports $135,378 over five years. Portfolio math shows five-year ROI at 139.29% and total cumulative return in cash at $226,248. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,042/mo property income against a $2,398/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73170, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,886 (100%) |
| Owner Occupied HU | 12,625 (74.8%) |
| Renter Occupied HU | 3,661 (21.7%) |
| Vacant Housing Units | 600 ( 3.6%) |
| Median Home Value | $270,439 |
| Average Home Value | $311,927 |
Housing Distribution
Address Breakdown
Residential
16,747
Single Family
15,303
Multi-Family
1,444
Businesses
464
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Listed by: Kimberly Hammond • Whittington Realty
Mls Name: MLSOK/OKCMAR
Mls ID: #1208505