8309 NW 24th StOklahoma CityOK73127
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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 8309 NW 24th St, Oklahoma City, OK, 73127 generates $2,688/mo in rent and, after a $1,713/mo payment, leaves $453/mo in cash flow. Total monthly income is $2,688/mo, and annual cash flow is $5,437/yr on $115,992 invested. Return on cash invested sits at 24.6% in year one, and rental yield is 9.22% on a $349,900 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 128.27% and total cumulative return in cash sums $148,782. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,688/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73127, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,887 (100%) |
| Owner Occupied HU | 4,420 (34.3%) |
| Renter Occupied HU | 6,570 (51.0%) |
| Vacant Housing Units | 1,897 (14.7%) |
| Median Home Value | $171,284 |
| Average Home Value | $209,760 |
Housing Distribution
Address Breakdown
Residential
11,123
Single Family
10,231
Multi-Family
892
Businesses
1,312
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Listed by: Carla J Carter • Metro Mark Realtors
Mls Name: MLSOK/OKCMAR
Mls ID: #1207764