115 Elk Ridge DrMannfordOK74044
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Mannford at 115 Elk Ridge Dr, Mannford, OK, 74044 at $280,000 posts ROI 26.56% with $514/mo cash flow from $2,302/mo rent. Total monthly income equals $2,302/mo, and annual cash flow records $6,172/yr on $92,820 to close. Return on cash invested measures 26.56% and rental yield reads 9.87% at the current $280,000. Equity gained on principal adds $1,807/yr, and 5% annual appreciation supports $77,359 by year five. Five-year ROI prints 138.79% and total cumulative return in cash totals $128,829.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,302/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1987
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74044, Mannford, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,389 (100%) |
| Owner Occupied HU | 2,359 (69.6%) |
| Renter Occupied HU | 678 (20.0%) |
| Vacant Housing Units | 352 (10.4%) |
| Median Home Value | $222,794 |
| Average Home Value | $254,645 |
Housing Distribution
Address Breakdown
Residential
2,532
Single Family
2,450
Multi-Family
82
Businesses
204
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