7623 McGee StOklahoma CityOK73169
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 7623 McGee St, Oklahoma City, OK, 73169 in Oklahoma City at $109,500 earns $827/mo in rent and nets $128/mo after the $492/mo payment, a 9.06% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $30,253 over five years. Ziffy Mortgage underwrites this on a 1.68 DSCR without U.S. credit history. With $1,009/yr in principal paydown, total projected return reaches $49,877.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 10.0% |
| Monthly Cash Flow | $128 | $450 |
City averages based on Oklahoma City market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $827 |
| Total Monthly Debt Service | $656 |
| DSCR Ratio | 1.26x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1955
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73169, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,241 (100%) |
| Owner Occupied HU | 861 (69.4%) |
| Renter Occupied HU | 292 (23.5%) |
| Vacant Housing Units | 88 ( 7.1%) |
| Median Home Value | $341,906 |
| Average Home Value | $414,983 |
Housing Distribution
Address Breakdown
Residential
1,163
Single Family
1,163
Multi-Family
0
Businesses
36
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 1955
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73169, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,241 (100%) |
| Owner Occupied HU | 861 (69.4%) |
| Renter Occupied HU | 292 (23.5%) |
| Vacant Housing Units | 88 ( 7.1%) |
| Median Home Value | $341,906 |
| Average Home Value | $414,983 |
Housing Distribution
Address Breakdown
Residential
1,163
Single Family
1,163
Multi-Family
0
Businesses
36
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MLSOK/OKCMAR as distributed by MLS GRID
Mls ID: #1226977