808 NW 31st StOklahoma CityOK73118
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
Investment Highlights
Investment property for sale in Oklahoma City at 808 NW 31st St, Oklahoma City, OK, 73118 uses $116,025 cash to close to unlock $2,099/yr annual cash flow and $175/mo monthly cash flow. Total monthly income runs $2,410/mo, and a $1,713/mo payment keeps the spread at $175/mo. Purchase price stands at $350,000, and rental yield measures 8.26% with $2,410/mo rent. Return on cash invested shows 21.72% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 112.8% and total cumulative return in cash records $130,874. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,410/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1929
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73118, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,607 (100%) |
| Owner Occupied HU | 3,415 (44.9%) |
| Renter Occupied HU | 3,173 (41.7%) |
| Vacant Housing Units | 1,019 (13.4%) |
| Median Home Value | $349,580 |
| Average Home Value | $411,447 |
Housing Distribution
Address Breakdown
Residential
6,877
Single Family
6,352
Multi-Family
525
Businesses
1,156
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John E Askin • RE/MAX at Home
Mls Name: MLSOK/OKCMAR
Mls ID: #1201422