4620 SE 24th StOklahoma CityOK73115
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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 4620 SE 24th St, Oklahoma City, OK, 73115 listed at $164,000 pairs $1,514/mo rent with a $803/mo payment to leave $466/mo cash flow. Total monthly income runs $1,514/mo, and annual cash flow reaches $5,596/yr on $54,366 cash to close. Return on cash invested measures 30.2% in year one, and rental yield registers 11.08% at a $164,000 basis. Equity gained on principal adds $1,058/yr, and annual property appreciation at 5% supports $45,310 by year five. Five-year ROI tracks 158.37% and total cumulative return in cash totals $86,097. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,514/mo property income relative to a $803/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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
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Listed by: Sonya L Weaver • RE/MAX Gemini
Mls Name: MLSOK/OKCMAR
Mls ID: #1192364