8324 NW 118th StOklahoma CityOK73162
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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 8324 NW 118th St, Oklahoma City, OK, 73162 earns $187/mo cash flow from $1,783/mo rent with a $1,223/mo payment. Total monthly income totals $1,783/mo, and annual cash flow totals $2,247/yr on $82,842 capital. ROI tracks 22.62% on current figures, and rental yield reads 8.56% at a $249,900 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 over five years. Five-year ROI reaches 117.68% and total cumulative return in cash sums $97,490. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,783/mo property income instead of your personal income.
Single Family
Built in 1977
7,252 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73162, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,312 (100%) |
| Owner Occupied HU | 8,376 (62.9%) |
| Renter Occupied HU | 4,174 (31.4%) |
| Vacant Housing Units | 762 ( 5.7%) |
| Median Home Value | $268,862 |
| Average Home Value | $288,926 |
Housing Distribution
Address Breakdown
Residential
12,598
Single Family
11,380
Multi-Family
1,218
Businesses
377
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Listed by: Stephanie Abbott • RE/MAX Preferred
Mls Name: MLSOK/OKCMAR
Mls ID: #1206051