2424 NW 109th StOklahoma CityOK73120
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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 2424 NW 109th St, Oklahoma City, OK, 73120 offers a 10.34% rental yield on a $199,300 purchase with $1,717/mo rent. Total monthly income registers $1,717/mo, and a $975/mo payment leaves $438/mo available for distribution. Annual cash flow reaches $5,253/yr on $66,068 to close, and return on cash invested stands at 27.86% in year one. Equity gained on principal adds $1,286/yr while 5% annual appreciation supports $55,063 over five years. Portfolio math shows five-year ROI at 145.78% and total cumulative return in cash at $96,316. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,717/mo property income against a $975/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
7,801 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73120, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,050 (100%) |
| Owner Occupied HU | 9,138 (45.6%) |
| Renter Occupied HU | 8,625 (43.0%) |
| Vacant Housing Units | 2,287 (11.4%) |
| Median Home Value | $282,510 |
| Average Home Value | $370,797 |
Housing Distribution
Address Breakdown
Residential
19,393
Single Family
12,919
Multi-Family
6,474
Businesses
1,138
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