929 N Farra DrOklahoma CityOK73107
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
Investment Highlights
Investment property for sale in Oklahoma City at 929 N Farra Dr, Oklahoma City, OK, 73107 listed at $189,750 pairs $1,452/mo rent with a $929/mo payment to leave $240/mo cash flow. Total monthly income runs $1,452/mo, and annual cash flow reaches $2,880/yr on $62,902 cash to close. Return on cash invested measures 24.49% in year one, and rental yield registers 9.18% at a $189,750 basis. Equity gained on principal adds $1,224/yr, and annual property appreciation at 5% supports $52,424 by year five. Five-year ROI tracks 127.64% and total cumulative return in cash totals $80,286. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,452/mo property income relative to a $929/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1963
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73107, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,761 (100%) |
| Owner Occupied HU | 5,447 (42.7%) |
| Renter Occupied HU | 5,741 (45.0%) |
| Vacant Housing Units | 1,573 (12.3%) |
| Median Home Value | $196,227 |
| Average Home Value | $244,415 |
Housing Distribution
Address Breakdown
Residential
11,582
Single Family
11,023
Multi-Family
559
Businesses
1,124
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Monica De Los Santos • eXp Realty, LLC
Mls Name: MLSOK/OKCMAR
Mls ID: #1179798