712 NE 29th StOklahoma CityOK73105
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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 712 NE 29th St, Oklahoma City, OK, 73105 offers a 7.05% rental yield on a $214,750 purchase with $1,262/mo rent. 07% in year one. Equity gained on principal adds $1,386/yr while 5% annual appreciation supports $59,331 over five years. Portfolio math shows five-year ROI at 93.23% and total cumulative return in cash at $66,367. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,262/mo property income against a $1,051/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73105, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,873 (100%) |
| Owner Occupied HU | 1,112 (28.7%) |
| Renter Occupied HU | 2,278 (58.8%) |
| Vacant Housing Units | 483 (12.5%) |
| Median Home Value | $229,722 |
| Average Home Value | $319,932 |
Housing Distribution
Address Breakdown
Residential
3,530
Single Family
2,815
Multi-Family
715
Businesses
645
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Listed by: Carla Splaingard • RE/MAX Preferred
Mls Name: MLSOK/OKCMAR
Mls ID: #1205976