705 SE 62nd 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
Rental property for sale in Oklahoma City at 705 SE 62nd St, Oklahoma City, OK, 73149 generates $1,332/mo in rent and, after a $660/mo payment, leaves $471/mo in cash flow. Total monthly income is $1,332/mo, and annual cash flow is $5,649/yr on $44,719 invested. Return on cash invested sits at 32.54% in year one, and rental yield is 11.85% on a $134,900 entry. Equity gained on principal adds $870/yr, while 5% annual appreciation builds toward $37,270 over five years. Five-year ROI reaches 170.89% and total cumulative return in cash sums $76,421. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,332/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
5,998 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: Janis Wilson • Crossland Real Estate
Mls Name: MLSOK/OKCMAR
Mls ID: #1192333