4400 Hemingway Dr APT 265Oklahoma CityOK73118
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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 4400 Hemingway Dr APT 265, Oklahoma City, OK, 73118 uses $48,896 cash to close to unlock $2,400/yr annual cash flow and $200/mo monthly cash flow. Total monthly income runs $1,142/mo, and a $722/mo payment keeps the spread at $200/mo. Purchase price stands at $147,500, and rental yield measures 9.29% with $1,142/mo rent. Return on cash invested shows 24.82% in year one, and 5% annual appreciation builds toward $40,752 over five years. Five-year ROI reaches 129.39% and total cumulative return in cash records $63,265. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,142/mo property income covering a $722/mo payment rather than investor’s personal income.
Condo
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73118, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,607 (100%) |
| Owner Occupied HU | 3,415 (44.9%) |
| Renter Occupied HU | 3,173 (41.7%) |
| Vacant Housing Units | 1,019 (13.4%) |
| Median Home Value | $349,580 |
| Average Home Value | $411,447 |
Housing Distribution
Address Breakdown
Residential
6,877
Single Family
6,352
Multi-Family
525
Businesses
1,156
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Listed by: Ryan Cole • RE/MAX Energy Real Estate
Mls Name: MLSOK/OKCMAR
Mls ID: #1191786