6308 N Hammond AveWarr AcresOK73122
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 6308 N Hammond Ave, Warr Acres, OK, 73122 in Warr Acres. Priced at $179,900, it generates $1,732/mo in gross rent and $583/mo in net monthly cash flow, a 11.55% yield that comfortably supports the 2.14 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $6,993. Five-year appreciation: $49,703. Equity from principal paydown: $1,657/yr. Total projected cumulative return: $105,910.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 6.2% |
| Monthly Cash Flow | $583 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,732 |
| Total Monthly Debt Service | $1,077 |
| DSCR Ratio | 1.61x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1959
7,866 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73122, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,374 (100%) |
| Owner Occupied HU | 2,867 (45.0%) |
| Renter Occupied HU | 2,667 (41.8%) |
| Vacant Housing Units | 840 (13.2%) |
| Median Home Value | $177,720 |
| Average Home Value | $239,551 |
Housing Distribution
Address Breakdown
Residential
5,631
Single Family
4,921
Multi-Family
710
Businesses
345
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
Single Family
Built in 1959
7,866 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73122, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,374 (100%) |
| Owner Occupied HU | 2,867 (45.0%) |
| Renter Occupied HU | 2,667 (41.8%) |
| Vacant Housing Units | 840 (13.2%) |
| Median Home Value | $177,720 |
| Average Home Value | $239,551 |
Housing Distribution
Address Breakdown
Residential
5,631
Single Family
4,921
Multi-Family
710
Businesses
345
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Cain • Real Broker LLC
Mls Name: MLSOK/OKCMAR
Mls ID: #1213415