2529 NW 62nd St APT 227Oklahoma CityOK73112
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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 2529 NW 62nd St APT 227, Oklahoma City, OK, 73112 uses $43,062 cash to close to unlock $1,911/yr annual cash flow and $159/mo monthly cash flow. Total monthly income runs $989/mo, and a $636/mo payment keeps the spread at $159/mo. Purchase price stands at $129,900, and rental yield measures 9.14% with $989/mo rent. Return on cash invested shows 24.35% in year one, and 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 127.01% and total cumulative return in cash records $54,691. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $989/mo property income covering a $636/mo payment rather than investor’s personal income.
Condo
Built in 1964
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73112, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,157 (100%) |
| Owner Occupied HU | 6,860 (42.5%) |
| Renter Occupied HU | 7,604 (47.1%) |
| Vacant Housing Units | 1,693 (10.5%) |
| Median Home Value | $218,312 |
| Average Home Value | $264,483 |
Housing Distribution
Address Breakdown
Residential
16,075
Single Family
13,061
Multi-Family
3,014
Businesses
1,881
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Listed by: Tiffany Trimble • Black Label Realty
Mls Name: MLSOK/OKCMAR
Mls ID: #1182252