2800 N Meridian CtOklahoma 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 2800 N Meridian Ct, Oklahoma City, OK, 73127 offers a 10.79% rental yield on a $305,000 purchase with $2,743/mo rent. Total monthly income registers $2,743/mo, and a $1,493/mo payment leaves $795/mo available for distribution. Annual cash flow reaches $9,540/yr on $101,108 to close, and return on cash invested stands at 29.34% in year one. Equity gained on principal adds $1,968/yr while 5% annual appreciation supports $84,266 over five years. Portfolio math shows five-year ROI at 153.74% and total cumulative return in cash at $155,446. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,743/mo property income against a $1,493/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
9,840 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: Marc Funk • LRE Realty LLC
Mls Name: MLSOK/OKCMAR
Mls ID: #1190099