501 Showalter DrMidwest CityOK73110
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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 Midwest City at 501 Showalter Dr, Midwest City, OK, 73110 with 5% annual appreciation on a $125,000 basis while $965/mo rent supports operations. Total monthly income totals $965/mo and a $612/mo payment preserves $167/mo for cash returns. Annual cash flow comes to $1,998/yr on $41,438 deployed, and return on cash invested reaches 24.73% in year one. Equity gained on principal adds $807/yr, and five-year appreciation sums $34,535 alongside rental yield of 9.26%. Five-year ROI measures 129.03% and total cumulative return in cash totals $53,465.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $965/mo property income versus a $612/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1948
8,123 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73110, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,643 (100%) |
| Owner Occupied HU | 5,863 (37.5%) |
| Renter Occupied HU | 8,252 (52.8%) |
| Vacant Housing Units | 1,528 ( 9.8%) |
| Median Home Value | $158,679 |
| Average Home Value | $207,290 |
Housing Distribution
Address Breakdown
Residential
15,087
Single Family
13,542
Multi-Family
1,545
Businesses
881
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Listed by: Lauren Burgoyne • Hamilwood Real Estate
Mls Name: MLSOK/OKCMAR
Mls ID: #1130881