505 NW 40th StOklahoma CityOK73118
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
Investment property for sale in Oklahoma City at 505 NW 40th St, Oklahoma City, OK, 73118 uses $144,203 cash to close to unlock $649/yr annual cash flow and $54/mo monthly cash flow. Total monthly income runs $2,832/mo, and a $2,129/mo payment keeps the spread at $54/mo. Purchase price stands at $435,000, and rental yield measures 7.81% with $2,832/mo rent. Return on cash invested shows 20.36% in year one, and 5% annual appreciation builds toward $120,182 over five years. Five-year ROI reaches 105.54% and total cumulative return in cash records $152,196. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,832/mo property income covering a $2,129/mo payment rather than investor’s personal income.
Single Family
Built in 1954
7,906 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A