617 S Saint Paul AveMidwest CityOK73130
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 Midwest City at 617 S Saint Paul Ave, Midwest City, OK, 73130 offers $1,042/mo rent that, after a $661/mo payment, leaves $180/mo cash flow. Total monthly income is $1,042/mo, and annual cash flow is $2,155/yr on $44,753 cash. Return on cash invested measures 24.73% in year one, and rental yield stands at 9.26% at a $135,000 entry. Equity gained on principal adds $871/yr while 5% annual appreciation compounds into $37,298 by year five. Five-year ROI records 128.95% and total cumulative return in cash reaches $57,709. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,042/mo property income versus a $661/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73130, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,477 (100%) |
| Owner Occupied HU | 6,347 (67.0%) |
| Renter Occupied HU | 2,565 (27.1%) |
| Vacant Housing Units | 565 ( 6.0%) |
| Median Home Value | $236,298 |
| Average Home Value | $283,740 |
Housing Distribution
Address Breakdown
Residential
9,257
Single Family
8,456
Multi-Family
801
Businesses
376
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessica Quebodeaux • Keller Williams Realty Elite
Mls Name: MLSOK/OKCMAR
Mls ID: #1204407