556 Babb 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 556 Babb Dr, Midwest City, OK, 73110 offers a 12.14% rental yield on a $130,000 purchase with $1,315/mo rent. Total monthly income registers $1,315/mo, and a $636/mo payment leaves $485/mo available for distribution. Annual cash flow reaches $5,821/yr on $43,095 to close, and return on cash invested stands at 33.42% in year one. Equity gained on principal adds $839/yr while 5% annual appreciation supports $35,917 over five years. Portfolio math shows five-year ROI at 175.66% and total cumulative return in cash at $75,699. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,315/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1948
6,059 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: Terri McNutt • RE/MAX LIFESTYLE
Mls Name: MLSOK/OKCMAR
Mls ID: #1194510