640 SE 20th StOklahoma CityOK73129
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 640 SE 20th St, Oklahoma City, OK, 73129 in Oklahoma City worth modelling. At $114,000 with a 9.17% gross yield, the $871/mo rent leaves $143/mo after the $513/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.70 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $31,496 by year five; $1,050/yr in principal reduction adds further equity. Total projected return: $52,495.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 10.0% |
| Monthly Cash Flow | $143 | $450 |
City averages based on Oklahoma City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $871 |
| Total Monthly Debt Service | $683 |
| DSCR Ratio | 1.28x |
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 1910
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73129, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,838 (100%) |
| Owner Occupied HU | 3,110 (39.7%) |
| Renter Occupied HU | 3,660 (46.7%) |
| Vacant Housing Units | 1,068 (13.6%) |
| Median Home Value | $80,197 |
| Average Home Value | $210,046 |
Housing Distribution
Address Breakdown
Residential
7,222
Single Family
6,543
Multi-Family
679
Businesses
990
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 1910
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73129, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,838 (100%) |
| Owner Occupied HU | 3,110 (39.7%) |
| Renter Occupied HU | 3,660 (46.7%) |
| Vacant Housing Units | 1,068 (13.6%) |
| Median Home Value | $80,197 |
| Average Home Value | $210,046 |
Housing Distribution
Address Breakdown
Residential
7,222
Single Family
6,543
Multi-Family
679
Businesses
990
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Pam Barten • Metro First Realty
Mls Name: MLSOK/OKCMAR
Mls ID: #1172609