1260 Penny LnEl RenoOK73036
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
Rental property for sale in El Reno at 1260 Penny Ln, El Reno, OK, 73036 generates $2,425/mo in rent and, after a $1,512/mo payment, leaves $452/mo in cash flow. Total monthly income is $2,425/mo, and annual cash flow is $5,425/yr on $102,434 invested. Return on cash invested sits at 25.21% in year one, and rental yield is 9.42% on a $309,000 entry. Equity gained on principal adds $1,994/yr, while 5% annual appreciation builds toward $85,371 over five years. Five-year ROI reaches 131.55% and total cumulative return in cash sums $134,753. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,425/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73036, El Reno, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,212 (100%) |
| Owner Occupied HU | 4,572 (55.7%) |
| Renter Occupied HU | 2,701 (32.9%) |
| Vacant Housing Units | 939 (11.4%) |
| Median Home Value | $244,352 |
| Average Home Value | $269,174 |
Housing Distribution
Address Breakdown
Residential
7,977
Single Family
7,307
Multi-Family
670
Businesses
933
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices