7308 NW 129th StOklahoma CityOK73142
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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 7308 NW 129th St, Oklahoma City, OK, 73142 generates $2,663/mo in rent and, after a $1,542/mo payment, leaves $651/mo in cash flow. Total monthly income is $2,663/mo, and annual cash flow is $7,813/yr on $104,423 invested. Return on cash invested sits at 27.39% in year one, and rental yield is 10.14% on a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 143.27% and total cumulative return in cash sums $149,609. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,663/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73142, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,350 (100%) |
| Owner Occupied HU | 4,166 (49.9%) |
| Renter Occupied HU | 3,653 (43.7%) |
| Vacant Housing Units | 531 ( 6.4%) |
| Median Home Value | $420,341 |
| Average Home Value | $479,677 |
Housing Distribution
Address Breakdown
Residential
8,521
Single Family
7,653
Multi-Family
868
Businesses
349
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Listed by: Timberly Smith • Chamberlain Realty LLC
Mls Name: MLSOK/OKCMAR
Mls ID: #1186528