3231 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
Rental property for sale in Oklahoma City at 3231 Otterson Dr, Oklahoma City, OK, 73112 generates $1,176/mo in rent and, after a $832/mo payment, leaves $91/mo in cash flow. Total monthly income is $1,176/mo, and annual cash flow is $1,087/yr on $56,322 invested. Return on cash invested sits at 21.84% in year one, and rental yield is 8.31% on a $169,900 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 113.48% and total cumulative return in cash sums $63,914. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,176/mo property income rather than buyer’s personal income.
Single Family
Built in 1951
7,849 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: Raphala Taylor • Ariston Realty LLC
Mls Name: MLSOK/OKCMAR
Mls ID: #1194971