9408 Northland RdOklahoma CityOK73120
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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 9408 Northland Rd, Oklahoma City, OK, 73120 listed at $294,000 pairs $2,339/mo rent with a $1,439/mo payment to leave $461/mo cash flow. Total monthly income runs $2,339/mo, and annual cash flow reaches $5,537/yr on $97,461 cash to close. Return on cash invested measures 25.59% in year one, and rental yield registers 9.55% at a $294,000 basis. Equity gained on principal adds $1,897/yr, and annual property appreciation at 5% supports $81,227 by year five. Five-year ROI tracks 133.59% and total cumulative return in cash totals $130,200. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,339/mo property income relative to a $1,439/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1959
8,158 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73120, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,050 (100%) |
| Owner Occupied HU | 9,138 (45.6%) |
| Renter Occupied HU | 8,625 (43.0%) |
| Vacant Housing Units | 2,287 (11.4%) |
| Median Home Value | $282,510 |
| Average Home Value | $370,797 |
Housing Distribution
Address Breakdown
Residential
19,393
Single Family
12,919
Multi-Family
6,474
Businesses
1,138
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Listed by: Kristina Moosavi • RE/MAX LIFESTYLE
Mls Name: MLSOK/OKCMAR
Mls ID: #1208987