3020 N Nesbitt AveOklahoma CityOK73107
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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
Rental property for sale in Oklahoma City at 3020 N Nesbitt Ave, Oklahoma City, OK, 73107 generates $1,234/mo in rent, after a $954/mo payment. Total monthly income is $1,234/mo. Return on cash invested sits at 19.71% in year one, and rental yield is 7.59% on a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 102.08% and total cumulative return in cash sums $65,986. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,234/mo property income rather than buyer’s personal income.
Multi Family
Built in 1984
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73107, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,761 (100%) |
| Owner Occupied HU | 5,447 (42.7%) |
| Renter Occupied HU | 5,741 (45.0%) |
| Vacant Housing Units | 1,573 (12.3%) |
| Median Home Value | $196,227 |
| Average Home Value | $244,415 |
Housing Distribution
Address Breakdown
Residential
11,582
Single Family
11,023
Multi-Family
559
Businesses
1,124
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Listed by: Joe Forrest • RE/MAX First
Mls Name: MLSOK/OKCMAR
Mls Provider:
Mls ID: #1167219
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