3628 N Independence AveOklahoma 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 3628 N Independence Ave, Oklahoma City, OK, 73112 generates $2,129/mo in rent and, after a $1,316/mo payment, leaves $412/mo in cash flow. Total monthly income is $2,129/mo, and annual cash flow is $4,943/yr on $89,140 invested. Return on cash invested sits at 25.45% in year one, and rental yield is 9.5% on a $268,900 entry. Equity gained on principal adds $1,735/yr, while 5% annual appreciation builds toward $74,292 over five years. Five-year ROI reaches 132.83% and total cumulative return in cash sums $118,408. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,129/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
0.34 Acres 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: Ronda Rawls • Realty of America LLC
Mls Name: MLSOK/OKCMAR
Mls ID: #1210741