831 NE 24th StOklahoma CityOK73105
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderCapital preservation and steady income define 831 NE 24th St, Oklahoma City, OK, 73105 in Oklahoma City. Rental yield 7.2%. The 1.33 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $71,695 and $2,390/yr in principal reduction project total return of $92,101.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.2% | 10.0% |
| Monthly Cash Flow | $(101) | $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 | $1,556 |
| Total Monthly Debt Service | $1,554 |
| DSCR Ratio | 1.00x |
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 1935
7,945 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
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 1935
7,945 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
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: #1229589