1049 Trap Dr,Enid,MS,38927

Investment Highlights

Investment property for sale in Enid at 1049 Trap Dr, Enid, MS, 38927 uses $77,903 cash to close to unlock $10,321/yr annual cash flow and $860/mo monthly cash flow. Total monthly income runs $2,298/mo, and a $1,150/mo payment keeps the spread at $860/mo. Purchase price stands at $235,000, and rental yield measures 11.73% with $2,298/mo rent. Return on cash invested shows 33.16% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 173.85% and total cumulative return in cash records $135,436. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,298/mo property income covering a $1,150/mo payment rather than investor’s personal income.