3205 Otterson DrOklahoma CityOK73112
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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 3205 Otterson Dr, Oklahoma City, OK, 73112 uses $46,410 cash to close to unlock $2,234/yr annual cash flow and $186/mo monthly cash flow. Total monthly income runs $1,080/mo, and a $685/mo payment keeps the spread at $186/mo. Purchase price stands at $140,000, and rental yield measures 9.26% with $1,080/mo rent. Return on cash invested shows 24.72% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 128.99% and total cumulative return in cash records $59,866. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,080/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1951
10,301 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73112, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,157 (100%) |
| Owner Occupied HU | 6,860 (42.5%) |
| Renter Occupied HU | 7,604 (47.1%) |
| Vacant Housing Units | 1,693 (10.5%) |
| Median Home Value | $218,312 |
| Average Home Value | $264,483 |
Housing Distribution
Address Breakdown
Residential
16,075
Single Family
13,061
Multi-Family
3,014
Businesses
1,881
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Listed by: Patrick J Garrett • Allied, Inc., REALTORS
Mls Name: MLSOK/OKCMAR
Mls ID: #1192801