2424 NW 20th StOklahoma CityOK73107
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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 20th St, Oklahoma City, OK, 73107 earns $273/mo cash flow from $1,549/mo rent with a $978/mo payment. Total monthly income totals $1,549/mo, and annual cash flow totals $3,276/yr on $66,217 capital. ROI tracks 24.86% on current figures, and rental yield reads 9.31% at a $199,750 purchase. Equity gained on principal adds $1,289/yr, and 5% annual appreciation supports $55,187 over five years. Five-year ROI reaches 129.7% and total cumulative return in cash sums $85,885. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,549/mo property income instead of your personal income.
Single Family
Built in 1929
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73107, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,761 (100%) |
| Owner Occupied HU | 5,447 (42.7%) |
| Renter Occupied HU | 5,741 (45.0%) |
| Vacant Housing Units | 1,573 (12.3%) |
| Median Home Value | $196,227 |
| Average Home Value | $244,415 |
Housing Distribution
Address Breakdown
Residential
11,582
Single Family
11,023
Multi-Family
559
Businesses
1,124
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Listed by: Carla Splaingard • RE/MAX Preferred
Mls Name: MLSOK/OKCMAR
Mls ID: #1202537