6602 Cox AveOklahoma CityOK73149
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowNot flashy, but dependably profitable, 6602 Cox Ave, Oklahoma City, OK, 73149 in Oklahoma City is listed at $133,665 and delivers $1,262/mo in rent and $409/mo in net monthly cash flow. The 11.33% yield and 2.10 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $36,929 over five years, and $1,231/yr in principal reduction supplements cash return. Total projected cumulative return: $77,096.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.3% | 10.0% |
| Monthly Cash Flow | $409 | $450 |
City averages based on Oklahoma City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,262 |
| Total Monthly Debt Service | $800 |
| DSCR Ratio | 1.58x |
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 1954
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73149, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,719 (100%) |
| Owner Occupied HU | 1,057 (38.9%) |
| Renter Occupied HU | 1,342 (49.4%) |
| Vacant Housing Units | 320 (11.8%) |
| Median Home Value | $155,119 |
| Average Home Value | $250,643 |
Housing Distribution
Address Breakdown
Residential
2,211
Single Family
2,007
Multi-Family
204
Businesses
443
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 1954
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73149, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,719 (100%) |
| Owner Occupied HU | 1,057 (38.9%) |
| Renter Occupied HU | 1,342 (49.4%) |
| Vacant Housing Units | 320 (11.8%) |
| Median Home Value | $155,119 |
| Average Home Value | $250,643 |
Housing Distribution
Address Breakdown
Residential
2,211
Single Family
2,007
Multi-Family
204
Businesses
443
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Macy Tyra • Cherrywood
Mls Name: MLSOK/OKCMAR
Mls Provider:
Mls ID: #1184309
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