101 Rowsey RdElk CityOK73644
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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
Rental property for sale in Elk City at 101 Rowsey Rd, Elk City, OK, 73644 priced at $163,000 converts $1,298/mo rent into $257/mo cash flow after a $798/mo obligation. Total monthly income equals $1,298/mo, and annual cash flow totals $3,082/yr on $54,035 invested. Return on cash invested prints 25.61% in year one, and rental yield reads 9.56% against a $163,000 entry. Equity gained on principal adds $1,052/yr, while 5% annual appreciation compiles into $45,034 by year five. Five-year ROI reaches 133.66% and total cumulative return in cash sums $72,223. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,298/mo property income covering a $798/mo payment, not borrower’s personal income.
Single Family
Built in 1976
8,189 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73644, Elk City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,080 (100%) |
| Owner Occupied HU | 3,631 (51.3%) |
| Renter Occupied HU | 1,942 (27.4%) |
| Vacant Housing Units | 1,507 (21.3%) |
| Median Home Value | $198,561 |
| Average Home Value | $267,652 |
Housing Distribution
Address Breakdown
Residential
5,538
Single Family
5,282
Multi-Family
256
Businesses
590
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