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$137,500

For Sale - Active
3320 S Woodward Ave, Oklahoma City, OK 73119
3 Beds
1 Bath
0 Square Feet
0.14 Acres Lot
Built in 1948
For Sale - Active
Units n/a
Checked: 3 hours ago
Updated: Jun 27, 2025 at 06:32PM

Investment Summary


Monthly Cash Flow
-$76
Cap Rate
5.0%
Cash-on-Cash Return
-2.9%
Debt Coverage Ratio
0.88
Internal Rate of Return (5 years)
1.2%

Property Description


0.14 Acres Lot
Built in 1948
For Sale - Active
Units n/a

Remodeled 3-bedroom, 1-bath home in South OKC with a brand-new HVAC system. This updated property features fresh finishes throughout and a functional layout perfect for comfortable living. Located in an established neighborhood with easy access to nearby amenities—move-in ready and full of charm. Seller is also a licensed agent.

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Location


Property Details


Parking

  • Description: Garage
  • Details: Converted Garage
  • Garage Spaces: 0
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

  • # of Baths (Full): 1
  • # of Baths (Partial): 0
  • # of Baths (Total): 1.0

Interior Features

  • # of Rooms: 4
  • # of Stories: 1

Exterior Features

  • Exterior Walls Materials: Siding (not specified)
  • Roof Type: Gable
  • Roof Material: Composition

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 089861330
  • Lot Size: 5998 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Ranch
  • Year Built: 1948

Tax Information

  • Annual Tax: $552

Utilities

  • Heating: Natural Gas, Central
  • Cooling: Central Air

Location

  • County: Oklahoma

Listing Details


Listed by:
Kylie Merryfield
Spark Properties Group
(405) 514-5137

Source:
MLSOK
MLS#: 1177600

Investment Summary


Monthly Cash Flow
-$76
Cap Rate
5.0%
Cash-on-Cash Return
-2.9%
Debt Coverage Ratio
0.88
Internal Rate of Return (5 years)
1.2%

Purchase Details

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Purchase price:
$137,500
Amount financed:
-$110,000
Down payment:
$27,500
Closing costs:
$4,125
Rehab costs:
$0
Initial cash invested:
$31,625
Square feet:
0
Cost per square foot:
n/a
Monthly rent per square foot:
n/a

Financing Details

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Loan amount:
$110,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$651
Property tax:
$46
Insurance:
$63
Private mortgage insurance (PMI):
$0
Monthly payment:
$760

Operating Income

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% Rent Monthly Yearly
Gross rent:
$900 $10,800
Vacancy loss: (6%)
6% -$54 -$648
Operating income:
$846 $10,152

Operating Expenses


% Rent Monthly Yearly
Property taxes: (5%)
5%-$46-$552
Insurance: (7%)
7%-$63-$756
Property management: (8%)
8%-$72-$864
Repairs & maintenance: (5%)
5%-$45-$540
Capital expenditures: (5%)
5%-$45-$540
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (30%)
30%-$271-$3,252

Cash Flow


Monthly Yearly
Net operating income:
$575 $6,900
Mortgage payments:
-$651 -$7,812
Cash flow:
$76 $912