713 NE 37th 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 713 NE 37th St, Oklahoma City, OK, 73105 uses $41,438 cash to close to unlock $2,274/yr annual cash flow and $190/mo monthly cash flow. Total monthly income runs $988/mo, and a $612/mo payment keeps the spread at $190/mo. Purchase price stands at $125,000, and rental yield measures 9.48% with $988/mo rent. Return on cash invested shows 25.4% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 132.59% and total cumulative return in cash records $54,941. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $988/mo property income covering a $612/mo payment rather than investor’s personal income.
Single Family
Built in 1962
7,596 sqft 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: Micah McGahan • Brix Realty
Mls Name: MLSOK/OKCMAR
Mls ID: #1202220