3228 Longridge RdDel CityOK73115
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
Investment Highlights
Rental property for sale in Del City at 3228 Longridge Rd, Del City, OK, 73115 priced at $125,000 pairs $997/mo rent with $199/mo cash flow after a $612/mo payment. Total monthly income equals $997/mo, and annual cash flow comes to $2,382/yr on $41,438 invested. Return on cash invested is 25.66% in year one, and rental yield stands at 9.57% on a $125,000 basis. Equity gained on principal adds $807/yr, and 5% annual appreciation accumulates to $34,535 by year five. Five-year ROI measures 133.98% and total cumulative return in cash reaches $55,517. For financing, Ziffy Mortgage’s DSCR program evaluates $997/mo property income against a $612/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1962
6,886 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73115, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,750 (100%) |
| Owner Occupied HU | 4,625 (47.4%) |
| Renter Occupied HU | 4,219 (43.3%) |
| Vacant Housing Units | 906 ( 9.3%) |
| Median Home Value | $147,963 |
| Average Home Value | $223,052 |
Housing Distribution
Address Breakdown
Residential
8,782
Single Family
8,493
Multi-Family
289
Businesses
509
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Listed by: Stefani Riddles • LRE Realty LLC
Mls Name: MLSOK/OKCMAR
Mls Provider:
Mls ID: #1159153
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