2632 SW 23rd StOklahoma CityOK73108
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Oklahoma City rental at 2632 SW 23rd St, Oklahoma City, OK, 73108 sits in the solid-income band: 9.75% gross yield, $1,097/mo rent, $235/mo net after the $607/mo debt service, DSCR 1.81. Entry price of $135,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $37,298 and $1,243/yr in principal reduction bring total cumulative return to $66,434.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.8% | 10.0% |
| Monthly Cash Flow | $235 | $450 |
City averages based on Oklahoma City market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,097 |
| Total Monthly Debt Service | $808 |
| DSCR Ratio | 1.36x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1947
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73108, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,156 (100%) |
| Owner Occupied HU | 1,962 (31.9%) |
| Renter Occupied HU | 3,317 (53.9%) |
| Vacant Housing Units | 877 (14.2%) |
| Median Home Value | $86,384 |
| Average Home Value | $156,341 |
Housing Distribution
Address Breakdown
Residential
5,267
Single Family
4,785
Multi-Family
482
Businesses
831
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
Single Family
Built in 1947
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73108, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,156 (100%) |
| Owner Occupied HU | 1,962 (31.9%) |
| Renter Occupied HU | 3,317 (53.9%) |
| Vacant Housing Units | 877 (14.2%) |
| Median Home Value | $86,384 |
| Average Home Value | $156,341 |
Housing Distribution
Address Breakdown
Residential
5,267
Single Family
4,785
Multi-Family
482
Businesses
831
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A