6736 N Meridian AveOklahoma CityOK73116
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
Investment Highlights
Rental property for sale in Oklahoma City at 6736 N Meridian Ave, Oklahoma City, OK, 73116 generates $754/mo in rent and, after a $489/mo payment, leaves $116/mo in cash flow. Total monthly income is $754/mo, and annual cash flow is $1,390/yr on $33,150 invested. Return on cash invested sits at 24.1% in year one, and rental yield is 9.05% on a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 125.59% and total cumulative return in cash sums $41,632. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $754/mo property income rather than buyer’s personal income.
Condo
Built in 1970
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kenny Wooldridge • Copper Creek Real Estate
Mls Name: MLSOK/OKCMAR
Mls ID: #1210740