108 Timberridge DrElk 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
Investment property for sale in Elk City at 108 Timberridge Dr, Elk City, OK, 73644 with 5% annual appreciation on a $254,000 basis while $1,758/mo rent supports operations. Total monthly income totals $1,758/mo and a $1,243/mo payment preserves $136/mo for cash returns. Annual cash flow comes to $1,633/yr on $84,201 deployed, and return on cash invested reaches 21.85% in year one. Equity gained on principal adds $1,639/yr, and five-year appreciation sums $70,176 alongside rental yield of 8.31%. Five-year ROI measures 113.55% and total cumulative return in cash totals $95,610.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,758/mo property income versus a $1,243/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1999
7,039 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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