704 NW 137th StOklahoma CityOK73013
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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 704 NW 137th St, Oklahoma City, OK, 73013 uses $62,156 cash to close to unlock $856/yr annual cash flow and $71/mo monthly cash flow. Total monthly income runs $1,269/mo, and a $918/mo payment keeps the spread at $71/mo. Purchase price stands at $187,500, and rental yield measures 8.12% with $1,269/mo rent. Return on cash invested shows 21.29% in year one, and 5% annual appreciation builds toward $51,803 over five years. Five-year ROI reaches 110.52% and total cumulative return in cash records $68,695. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,269/mo property income covering a $918/mo payment rather than investor’s personal income.
Multi Family
Built in 1983
4,138 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73013, Edmond, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,424 (100%) |
| Owner Occupied HU | 15,923 (68.0%) |
| Renter Occupied HU | 6,149 (26.3%) |
| Vacant Housing Units | 1,352 ( 5.8%) |
| Median Home Value | $331,214 |
| Average Home Value | $401,623 |
Housing Distribution
Address Breakdown
Residential
23,843
Single Family
22,009
Multi-Family
1,834
Businesses
2,135
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Listed by: Brian Preston • RE/MAX at Home
Mls Name: MLSOK/OKCMAR
Mls ID: #1179016