2524 N Hammond AveOklahoma CityOK73127
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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 2524 N Hammond Ave, Oklahoma City, OK, 73127 uses $55,692 cash to close to unlock $7,277/yr annual cash flow and $606/mo monthly cash flow. Total monthly income runs $1,679/mo, and a $822/mo payment keeps the spread at $606/mo. Purchase price stands at $168,000, and rental yield measures 11.99% with $1,679/mo rent. Return on cash invested shows 32.98% in year one, and 5% annual appreciation builds toward $46,415 over five years. Five-year ROI reaches 173.25% and total cumulative return in cash records $96,485. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,679/mo property income covering a $822/mo payment rather than investor’s personal income.
Single Family
Built in 1961
6,551 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73127, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,887 (100%) |
| Owner Occupied HU | 4,420 (34.3%) |
| Renter Occupied HU | 6,570 (51.0%) |
| Vacant Housing Units | 1,897 (14.7%) |
| Median Home Value | $171,284 |
| Average Home Value | $209,760 |
Housing Distribution
Address Breakdown
Residential
11,123
Single Family
10,231
Multi-Family
892
Businesses
1,312
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Listed by: Katrina Washington • Stratos Realty Group
Mls Name: MLSOK/OKCMAR
Mls ID: #1191338