131 E Bonita 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
Rental property for sale in Elk City at 131 E Bonita Dr, Elk City, OK, 73644 offers $1,514/mo rent that, after a $929/mo payment, leaves $302/mo cash flow. Total monthly income is $1,514/mo, and annual cash flow is $3,621/yr on $62,952 cash. Return on cash invested measures 25.66% in year one, and rental yield stands at 9.57% at a $189,900 entry. Equity gained on principal adds $1,225/yr while 5% annual appreciation compounds into $52,466 by year five. Five-year ROI records 133.96% and total cumulative return in cash reaches $84,329. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,514/mo property income versus a $929/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1982
9,713 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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