4721 Michael DrOklahoma CityOK73115
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
Investment Highlights
Rental property for sale in Oklahoma City at 4721 Michael Dr, Oklahoma City, OK, 73115 priced at $240,000 converts $1,888/mo rent into $352/mo cash flow after a $1,175/mo obligation. Total monthly income equals $1,888/mo, and annual cash flow totals $4,224/yr on $79,560 invested. Return on cash invested prints 25.22% in year one, and rental yield reads 9.44% against a $240,000 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation compiles into $66,308 by year five. Five-year ROI reaches 131.57% and total cumulative return in cash sums $104,678. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,888/mo property income covering a $1,175/mo payment, not borrower’s personal income.
Single Family
Built in 1964
8,960 sqft 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: Tara Levinson • LRE Realty LLC
Mls Name: MLSOK/OKCMAR
Mls Provider:
Mls ID: #1160745
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