3229 SE 24th StOklahoma CityOK73115
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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 3229 SE 24th St, Oklahoma City, OK, 73115 generates $1,832/mo in rent and, after a $757/mo payment, leaves $844/mo in cash flow. Total monthly income is $1,832/mo, and annual cash flow is $10,132/yr on $51,266 invested. Return on cash invested sits at 39.67% in year one, and rental yield is 14.22% on a $154,650 entry. Equity gained on principal adds $998/yr, while 5% annual appreciation builds toward $42,727 over five years. Five-year ROI reaches 209.12% and total cumulative return in cash sums $107,210. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,832/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
8,398 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: Kathleen Forrest • Metro Brokers of Oklahoma
Mls Name: MLSOK/OKCMAR
Mls ID: #1199984