817 NE 61st 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 817 NE 61st St, Oklahoma City, OK, 73105 uses $89,505 cash to close to unlock $8,967/yr annual cash flow and $747/mo monthly cash flow. Total monthly income runs $2,472/mo, and a $1,322/mo payment keeps the spread at $747/mo. Purchase price stands at $270,000, and rental yield measures 10.99% with $2,472/mo rent. Return on cash invested shows 29.93% in year one, and 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 156.88% and total cumulative return in cash records $140,413. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,472/mo property income covering a $1,322/mo payment rather than investor’s personal income.
Single Family
Built in 1964
2,117 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: Kira Ogle • Coldwell Banker Select
Mls Name: MLSOK/OKCMAR
Mls ID: #1209577