8404 Candlewood DrOklahoma CityOK73132
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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 8404 Candlewood Dr, Oklahoma City, OK, 73132 generates $1,615/mo in rent, after a $1,689/mo payment. Total monthly income is $1,615/mo. Return on cash invested sits at 13.73% in year one, and rental yield is 5.62% on a $345,000 entry. Equity gained on principal adds $2,226/yr, while 5% annual appreciation builds toward $95,317 over five years. Five-year ROI reaches 70.01% and total cumulative return in cash sums $80,068. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,615/mo property income rather than buyer’s personal income.
Multi Family
Built in 1972
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73132, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,303 (100%) |
| Owner Occupied HU | 6,405 (48.1%) |
| Renter Occupied HU | 5,344 (40.2%) |
| Vacant Housing Units | 1,554 (11.7%) |
| Median Home Value | $227,748 |
| Average Home Value | $258,965 |
Housing Distribution
Address Breakdown
Residential
12,817
Single Family
10,148
Multi-Family
2,669
Businesses
833
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Listed by: Kirsten McIntyre • Keller Williams Central OK ED
Mls Name: MLSOK/OKCMAR
Mls ID: #1184758