111 E Elm AveEnidOK73701
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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 Enid at 111 E Elm Ave, Enid, OK, 73701 offers $1,297/mo rent that, after a $974/mo payment. Total monthly income is $1,297/mo. Return on cash invested measures 19.17% in year one, and rental yield stands at 7.82% at a $199,006 entry. Equity gained on principal adds $1,284/yr while 5% annual appreciation compounds into $54,982 by year five. Five-year ROI records 99.6% and total cumulative return in cash reaches $65,708. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,297/mo property income versus a $974/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1946
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73701, Enid, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,715 (100%) |
| Owner Occupied HU | 4,961 (46.3%) |
| Renter Occupied HU | 3,828 (35.7%) |
| Vacant Housing Units | 1,926 (18.0%) |
| Median Home Value | $107,903 |
| Average Home Value | $146,343 |
Housing Distribution
Address Breakdown
Residential
9,313
Single Family
9,148
Multi-Family
165
Businesses
993
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.