3016 NW 70th StOklahoma CityOK73116
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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 3016 NW 70th St, Oklahoma City, OK, 73116 uses $69,615 cash to close to unlock $3,729/yr annual cash flow and $311/mo monthly cash flow. Total monthly income runs $1,652/mo, and a $1,028/mo payment keeps the spread at $311/mo. Purchase price stands at $210,000, and rental yield measures 9.44% with $1,652/mo rent. Return on cash invested shows 25.27% in year one, and 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 131.86% and total cumulative return in cash records $91,792. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,652/mo property income covering a $1,028/mo payment rather than investor’s personal income.
Single Family
Built in 1952
7,744 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
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Listed by: Paula Kimbrell • MK Partners INC
Mls Name: MLSOK/OKCMAR
Mls ID: #1203889