314 NE 3rd StOklahoma CityOK73104
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 314 NE 3rd St, Oklahoma City, OK, 73104 in Oklahoma City. Rental yield 4.09%. At $1,219,000 with 4.09% gross yield, current distributions are modest, but the 5% appreciation rate projects $336,787 in new equity by year five, complemented by $11,227/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.76) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $229,720.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.1% | 10.0% |
| Monthly Cash Flow | $(3,630) | $450 |
City averages based on Oklahoma City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,155 |
| Total Monthly Debt Service | $7,300 |
| DSCR Ratio | 0.57x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2019
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73104, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,456 (100%) |
| Owner Occupied HU | 313 (12.7%) |
| Renter Occupied HU | 1,833 (74.6%) |
| Vacant Housing Units | 310 (12.6%) |
| Median Home Value | $382,941 |
| Average Home Value | $447,972 |
Housing Distribution
Address Breakdown
Residential
2,343
Single Family
1,111
Multi-Family
1,232
Businesses
479
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2019
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73104, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,456 (100%) |
| Owner Occupied HU | 313 (12.7%) |
| Renter Occupied HU | 1,833 (74.6%) |
| Vacant Housing Units | 310 (12.6%) |
| Median Home Value | $382,941 |
| Average Home Value | $447,972 |
Housing Distribution
Address Breakdown
Residential
2,343
Single Family
1,111
Multi-Family
1,232
Businesses
479
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Diane Nguyen • Epic Real Estate
Mls Name: MLSOK/OKCMAR
Mls ID: #1185594