2633 Carlton WayOklahoma CityOK73120
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 2633 Carlton Way, Oklahoma City, OK, 73120 in Oklahoma City is narrow, $117/mo net on $1,694/mo rent after the $1,111/mo debt service, but the property operates at break-even-plus, not a loss. At $247,000 with a 8.23% yield, the long-run equity case via 5% appreciation ($68,242 over five years) and $2,275/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.52 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $101,376.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 10.0% |
| Monthly Cash Flow | $117 | $450 |
City averages based on Oklahoma City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,694 |
| Total Monthly Debt Service | $1,479 |
| DSCR Ratio | 1.15x |
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 1956
8,119 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73120, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,050 (100%) |
| Owner Occupied HU | 9,138 (45.6%) |
| Renter Occupied HU | 8,625 (43.0%) |
| Vacant Housing Units | 2,287 (11.4%) |
| Median Home Value | $282,510 |
| Average Home Value | $370,797 |
Housing Distribution
Address Breakdown
Residential
19,393
Single Family
12,919
Multi-Family
6,474
Businesses
1,138
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 1956
8,119 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73120, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,050 (100%) |
| Owner Occupied HU | 9,138 (45.6%) |
| Renter Occupied HU | 8,625 (43.0%) |
| Vacant Housing Units | 2,287 (11.4%) |
| Median Home Value | $282,510 |
| Average Home Value | $370,797 |
Housing Distribution
Address Breakdown
Residential
19,393
Single Family
12,919
Multi-Family
6,474
Businesses
1,138
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amanda Kirkpatrick-Lawler • Metro Mark Realtors
Mls Name: MLSOK/OKCMAR
Mls ID: #1185142