724 NW 21st StOklahoma CityOK73103
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 724 NW 21st St, Oklahoma City, OK, 73103 in Oklahoma City is a conservative rental investment at $675,000. Rental yield 6.1%. A 1.13 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $186,490; $6,217/yr in principal paydown supplements. Total projected return: $199,968.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.1% | 10.0% |
| Monthly Cash Flow | $(880) | $450 |
City averages based on Oklahoma City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,431 |
| Total Monthly Debt Service | $4,042 |
| DSCR Ratio | 0.85x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1911
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73103, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,484 (100%) |
| Owner Occupied HU | 780 (22.4%) |
| Renter Occupied HU | 2,233 (64.1%) |
| Vacant Housing Units | 471 (13.5%) |
| Median Home Value | $468,182 |
| Average Home Value | $566,542 |
Housing Distribution
Address Breakdown
Residential
3,179
Single Family
1,894
Multi-Family
1,285
Businesses
522
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1911
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73103, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,484 (100%) |
| Owner Occupied HU | 780 (22.4%) |
| Renter Occupied HU | 2,233 (64.1%) |
| Vacant Housing Units | 471 (13.5%) |
| Median Home Value | $468,182 |
| Average Home Value | $566,542 |
Housing Distribution
Address Breakdown
Residential
3,179
Single Family
1,894
Multi-Family
1,285
Businesses
522
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Kragh • Sage Sotheby's Realty
Mls Name: MLSOK/OKCMAR
Mls ID: #1173178