3941 NW 23rd 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
Rental property for sale in Oklahoma City at 3941 NW 23rd St, Oklahoma City, OK, 73107 generates $1,489/mo in rent and, after a $952/mo payment, leaves $247/mo in cash flow. Total monthly income is $1,489/mo, and annual cash flow is $2,962/yr on $64,477 invested. Return on cash invested sits at 24.5% in year one, and rental yield is 9.19% on a $194,500 entry. Equity gained on principal adds $1,255/yr, while 5% annual appreciation builds toward $53,737 over five years. Five-year ROI reaches 127.74% and total cumulative return in cash sums $82,365. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,489/mo property income rather than buyer’s personal income.
Single Family
Built in 1949
6,433 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: Jorge Gamboa • Hallmark, REALTORS
Mls Name: MLSOK/OKCMAR
Mls ID: #1176316