701 SE 60th StOklahoma CityOK73149
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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 701 SE 60th St, Oklahoma City, OK, 73149 offers a 11.03% rental yield on a $135,999 purchase with $1,250/mo rent. Total monthly income registers $1,250/mo, and a $666/mo payment leaves $381/mo available for distribution. Annual cash flow reaches $4,574/yr on $45,084 to close, and return on cash invested stands at 30.05% in year one. Equity gained on principal adds $878/yr while 5% annual appreciation supports $37,574 over five years. Portfolio math shows five-year ROI at 157.61% and total cumulative return in cash at $71,054. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,250/mo property income against a $666/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
5,575 sqft 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
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Listed by: Erica Lewis • LUXE Realty Collective
Mls Name: MLSOK/OKCMAR
Mls ID: #1209986