637 NW 116th TerOklahoma CityOK73114
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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 Oklahoma City at 637 NW 116th Ter, Oklahoma City, OK, 73114 uses $58,013 cash to close to unlock $2,760/yr annual cash flow and $230/mo monthly cash flow. Total monthly income runs $1,348/mo, and a $857/mo payment keeps the spread at $230/mo. Purchase price stands at $175,000, and rental yield measures 9.24% with $1,348/mo rent. Return on cash invested shows 24.67% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 128.61% and total cumulative return in cash records $74,611. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,348/mo property income covering a $857/mo payment rather than investor’s personal income.
Single Family
Built in 1983
8,999 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73114, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,387 (100%) |
| Owner Occupied HU | 2,922 (28.1%) |
| Renter Occupied HU | 6,263 (60.3%) |
| Vacant Housing Units | 1,202 (11.6%) |
| Median Home Value | $174,609 |
| Average Home Value | $262,045 |
Housing Distribution
Address Breakdown
Residential
9,447
Single Family
7,589
Multi-Family
1,858
Businesses
885
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Listed by: Adalia Sosanya • Copper Creek Real Estate
Mls Name: MLSOK/OKCMAR
Mls ID: #1200921