Frontflip
Deals
My Reports
Get the iOS app
Invite
Settings
Login / Sign up
Deals
My Reports
45
Values dip to $218K, rent hits $1,861
Updated 11 days ago • 1 new comp
Your Investment Paths
Turnkey Rental
The property shows promising rental potential in the current Oklahoma City market. Based on recent comparable sales and local data, you can realistically expect monthly rental income to fall between $1,353 and $1,861. With an estimated monthly yield of over $1,100, this apartment presents a solid opportunity for investors. Focusing on the $1,565 median range provides a balanced target for attracting reliable, long-term tenants to this unit.
More about this home
Neighborhood Assessment
727 NE 5th St sits in Oklahoma City's 73104 zip, a hotspot near OU Health Center and the upcoming Okana Resort—you know, that big gaming and entertainment draw pulling in crowds. Walkability's solid with medical facilities and schools nearby, though ratings hover low (elementary 2/10, high school 1/10). Nearby comps rent 2-beds at $1.5K-$2.9K, 3-beds around $2.2K, showing steady demand for this 1,335 sqft modern duplex. Rental market's competitive; it's been price-cut from $2K+ to $1.75K after 114 days, signaling value in a revitalizing area with healthcare anchors driving foot traffic.
Market Activity
+ Ask a question in the app
Rental Income
$19K
Yield
1102.6%
Appreciation
$44
Year 1 Estimates
Fix-and-Flip
Refreshing a home with modern updates is a fantastic way to create a vibrant, inviting space. While price per square foot figures currently favor classic homes at 232 dollars versus 30 dollars for updated units, quality renovations offer unmatched lifestyle appeal. Updating interiors allows owners to enjoy a contemporary living experience while keeping their property competitive. These personal improvements often unlock better rental possibilities, with potential monthly returns reaching 1,651 dollars, helping your property shine in a crowded market.
Comps
3
Buy-Rehab-Rent
This property offers a high gross yield of 42.9%, driven by an attractive monthly rental potential of $1,607 against a modest post-renovation value of $43,000 to $47,000. These numbers suggest strong cash flow potential. However, the significant disparity between renovation comps and broader market data warrants caution. Ensure total acquisition and rehab costs remain strictly aligned with the $47,000 appraisal cap to protect your initial capital investment.
Rental Income
$19K
Yield
42.9%
Appreciation
$1K
Year 1 Estimates, Post Typical Renovation
Estimated value
$2K
+36% · 3 yrs
727 NE 5th St, Oklahoma City Investment Report: Flip & Rental Analysis · Frontflip