3129 Elmwood AveOklahoma 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 3129 Elmwood Ave, Oklahoma City, OK, 73116 listed at $284,500 pairs $2,130/mo rent with a $1,392/mo payment to leave $314/mo cash flow. Total monthly income runs $2,130/mo, and annual cash flow reaches $3,763/yr on $94,312 cash to close. Return on cash invested measures 23.9% in year one, and rental yield registers 8.98% at a $284,500 basis. Equity gained on principal adds $1,836/yr, and annual property appreciation at 5% supports $78,602 by year five. Five-year ROI tracks 124.52% and total cumulative return in cash totals $117,437. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,130/mo property income relative to a $1,392/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
9,099 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: Julie Donley • Metro Mark Realtors
Mls Name: MLSOK/OKCMAR
Mls ID: #1197417