2615 NW 63rd StOklahoma CityOK73116
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2615 NW 63rd St, Oklahoma City, OK, 73116 offers a 10.32% rental yield on a $199,000 purchase with $1,712/mo rent. Total monthly income registers $1,712/mo, and a $974/mo payment leaves $441/mo available for distribution. Annual cash flow reaches $5,294/yr on $65,969 to close, and return on cash invested stands at 27.93% in year one. Equity gained on principal adds $1,284/yr while 5% annual appreciation supports $54,980 over five years. Portfolio math shows five-year ROI at 146.21% and total cumulative return in cash at $96,450. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,712/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
8,881 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73116, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,669 (100%) |
| Owner Occupied HU | 2,842 (60.9%) |
| Renter Occupied HU | 1,391 (29.8%) |
| Vacant Housing Units | 436 ( 9.3%) |
| Median Home Value | $359,553 |
| Average Home Value | $601,598 |
Housing Distribution
Address Breakdown
Residential
4,884
Single Family
4,183
Multi-Family
701
Businesses
1,378
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Faye Smith • Smith & Co Property Group
Mls Name: MLSOK/OKCMAR
Mls ID: #1202387