6715 Avondale DrNichols HillsOK73116
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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 Nichols Hills at 6715 Avondale Dr, Nichols Hills, OK, 73116 earns from $6,673/mo rent with a $8,321/mo payment. Total monthly income totals $6,673/mo. ROI tracks 11.25% on current figures, and rental yield reads 4.71% at a $1,700,000 purchase. Equity gained on principal adds $10,970/yr, and 5% annual appreciation supports $469,679 over five years. Five-year ROI reaches 56.6% and total cumulative return in cash sums $311,767. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,673/mo property income instead of your personal income.
Single Family
Built in 1939
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73116, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,669 (100%) |
| Owner Occupied HU | 2,842 (60.9%) |
| Renter Occupied HU | 1,391 (29.8%) |
| Vacant Housing Units | 436 ( 9.3%) |
| Median Home Value | $359,553 |
| Average Home Value | $601,598 |
Housing Distribution
Address Breakdown
Residential
4,884
Single Family
4,183
Multi-Family
701
Businesses
1,378
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Listed by: Marta McCubbin • First Source Real Estate Inc.
Mls Name: MLSOK/OKCMAR
Mls ID: #1210783