4620 SE 24th StOklahoma CityOK73115
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Oklahoma City rentals match the income profile of 4620 SE 24th St, Oklahoma City, OK, 73115. Listed at $162,000, gross rent is $1,560/mo and net cash flow is $525/mo, a 11.56% yield well above national averages. DSCR 2.14 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $44,758 by year five with $1,492/yr in annual principal reduction, projecting $95,449 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 10.0% |
| Monthly Cash Flow | $525 | $450 |
City averages based on Oklahoma City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,560 |
| Total Monthly Debt Service | $970 |
| DSCR Ratio | 1.61x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1947
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73115, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,750 (100%) |
| Owner Occupied HU | 4,625 (47.4%) |
| Renter Occupied HU | 4,219 (43.3%) |
| Vacant Housing Units | 906 ( 9.3%) |
| Median Home Value | $147,963 |
| Average Home Value | $223,052 |
Housing Distribution
Address Breakdown
Residential
8,782
Single Family
8,493
Multi-Family
289
Businesses
509
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1947
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73115, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,750 (100%) |
| Owner Occupied HU | 4,625 (47.4%) |
| Renter Occupied HU | 4,219 (43.3%) |
| Vacant Housing Units | 906 ( 9.3%) |
| Median Home Value | $147,963 |
| Average Home Value | $223,052 |
Housing Distribution
Address Breakdown
Residential
8,782
Single Family
8,493
Multi-Family
289
Businesses
509
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MLSOK/OKCMAR as distributed by MLS GRID
Mls ID: #1222372