300 SW 62nd StOklahoma CityOK73139
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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 300 SW 62nd St, Oklahoma City, OK, 73139 uses $62,985 cash to close to unlock $8,395/yr annual cash flow and $700/mo monthly cash flow. Total monthly income runs $1,913/mo, and a $930/mo payment keeps the spread at $700/mo. Purchase price stands at $190,000, and rental yield measures 12.08% with $1,913/mo rent. Return on cash invested shows 33.24% in year one, and 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 174.59% and total cumulative return in cash records $109,968. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,913/mo property income covering a $930/mo payment rather than investor’s personal income.
Single Family
Built in 1971
6,381 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73139, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,929 (100%) |
| Owner Occupied HU | 3,143 (35.2%) |
| Renter Occupied HU | 4,886 (54.7%) |
| Vacant Housing Units | 900 (10.1%) |
| Median Home Value | $201,528 |
| Average Home Value | $225,314 |
Housing Distribution
Address Breakdown
Residential
8,356
Single Family
7,650
Multi-Family
706
Businesses
768
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Listed by: Lori Blair • Forge Realty Group
Mls Name: MLSOK/OKCMAR
Mls ID: #1180510