517 E Boeing DrMidwest CityOK73110
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 Midwest City at 517 E Boeing Dr, Midwest City, OK, 73110 uses $38,089 cash to close to unlock $1,711/yr annual cash flow and $143/mo monthly cash flow. Total monthly income runs $876/mo, and a $562/mo payment keeps the spread at $143/mo. Purchase price stands at $114,900, and rental yield measures 9.15% with $876/mo rent. Return on cash invested shows 24.4% in year one, and 5% annual appreciation builds toward $31,745 over five years. Five-year ROI reaches 127.22% and total cumulative return in cash records $48,458. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $876/mo property income covering a $562/mo payment rather than investor’s personal income.
Single Family
Built in 1944
5,601 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chip Adams • Adams Family Real Estate LLC
Mls Name: MLSOK/OKCMAR
Mls ID: #1183621