3620 NW 24th StOklahoma CityOK73107
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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 3620 NW 24th St, Oklahoma City, OK, 73107 offers a 9.59% rental yield on a $179,500 purchase with $1,435/mo rent. Total monthly income registers $1,435/mo, and a $879/mo payment leaves $288/mo available for distribution. Annual cash flow reaches $3,459/yr on $59,504 to close, and return on cash invested stands at 25.72% in year one. Equity gained on principal adds $1,158/yr while 5% annual appreciation supports $49,593 over five years. Portfolio math shows five-year ROI at 134.34% and total cumulative return in cash at $79,936. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,435/mo property income against a $879/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1941
6,499 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73107, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,761 (100%) |
| Owner Occupied HU | 5,447 (42.7%) |
| Renter Occupied HU | 5,741 (45.0%) |
| Vacant Housing Units | 1,573 (12.3%) |
| Median Home Value | $196,227 |
| Average Home Value | $244,415 |
Housing Distribution
Address Breakdown
Residential
11,582
Single Family
11,023
Multi-Family
559
Businesses
1,124
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Listed by: Keelie C Timmons • Homeworx South
Mls Name: MLSOK/OKCMAR
Mls ID: #1202694