Turn-Key Single-Family Investor
5512 Shiloh Drive Oklahoma City, OK 73179
5512 Shiloh Drive, Oklahoma City, OK, 73179
$347,000
For Sale
$347,000
MULTI_FAMILY - Oklahoma City, OK
Property Size2,210 SF
Lot Size0.17 Acres
Price / SF$157.01
Days on Market163
Property Features for 5512 Shiloh Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Residential
- Standard status
- Active
- APN
- 5512NONEShiloh73179
- Size
- 2,210 SF
- Lot size
- 0.17 Acres
Utilities
- Heating system
- Natural Gas
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 2018
- Building materials
- Brick & Frame, Masonry Vaneer
Listing agency
Metro First Realty
(405) 242-4004
Listed by
Steve Wittrock
(405) 641-4930
Added: Feb 10 Updated: Jul 7 at 4:32PM Checked: Jul 23 at 6:06AM
MLS# 1213670
Copyright © 2026 MLSOK, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale investor package includes two newer construction single-family homes sold together, offered on a turn-key basis. MLS #1213670 at 5512 Shiloh Dr is a 2018-built home with 4 bedrooms, 2 bathrooms, and a 3-car garage. MLS #1213664 at 1313 N Beale Ter is a 2019-built home with 4 bedrooms, 2 bathrooms, and a 3-car garage. Both properties are described as well maintained.
The package is located in the Mustang Schools area, and both homes are part of the same investor offering rather than being sold individually. The current combined lease information provided shows total annual rent of $59,400, with rentals leased through May 2027.
For investors or owner-operators looking for a low-management rental portfolio, this package combines two similar, newer construction homes with established tenant occupancy. The shared 4-bedroom/2-bath layout and each property’s 3-car garage can be appealing for tenant demand seeking more functional space and parking. Since the homes are being sold together and the leases are in place through May 2027, the package supports a “buy-and-hold” approach based on the documented current income stream.
The package is located in the Mustang Schools area, and both homes are part of the same investor offering rather than being sold individually. The current combined lease information provided shows total annual rent of $59,400, with rentals leased through May 2027.
For investors or owner-operators looking for a low-management rental portfolio, this package combines two similar, newer construction homes with established tenant occupancy. The shared 4-bedroom/2-bath layout and each property’s 3-car garage can be appealing for tenant demand seeking more functional space and parking. Since the homes are being sold together and the leases are in place through May 2027, the package supports a “buy-and-hold” approach based on the documented current income stream.
Key Highlights
- Two newer construction homes sold together as an investor package for a total price of $671K
- Combined annual rent of $59,400 leased through May 2027
- 5512 Shiloh Dr: 2018 build, 4 bed/2 bath, approx. 2,200 SF, 3‑car garage (Mustang Schools)
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $35.8k | $16.20 |
| − Vacancy | −$1.9k | −$0.84 |
| EGI | $33.9k | $15.36 |
| − OpEx | −$15.3k | −$6.91 |
| NOI | $18.7k | $8.45 |
2,210 SF · lease $16.20/SF/yr · vacancy 5.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$266.7K
$233.3K – $311.1K
NOI $18,667 @ 7.0% cap · market cap 5.38%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$755.8K
$661.3K – $881.8K
NOI $52,907 @ 7.0% cap · market cap 15.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - Two newer construction homes sold together with tenants in place through May 2027 in Mustang Schools area.
Where is this single family property located?
The property is located at 5512 Shiloh Drive Oklahoma City, OK.
What is the asking price?
The asking price for this property is $347,000.
What are key features of this property?
This property features: Two newer construction homes sold together as an investor package for a total price of $671K; Combined annual rent of $59,400 leased through May 2027; 5512 Shiloh Dr: 2018 build, 4 bed/2 bath, approx. 2,200 SF, 3‑car garage (Mustang Schools)
