135 NE Deerfield DrElginOK73538
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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 Elgin at 135 NE Deerfield Dr, Elgin, OK, 73538 priced at $259,000 pairs $2,149/mo rent with $495/mo cash flow after a $1,268/mo payment. Total monthly income equals $2,149/mo, and annual cash flow comes to $5,936/yr on $85,859 invested. Return on cash invested is 26.82% in year one, and rental yield stands at 9.96% on a $259,000 basis. Equity gained on principal adds $1,671/yr, and 5% annual appreciation accumulates to $71,557 by year five. Five-year ROI measures 140.19% and total cumulative return in cash reaches $120,364. For financing, Ziffy Mortgage’s DSCR program evaluates $2,149/mo property income against a $1,268/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2006
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73538, Elgin, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,851 (100%) |
| Owner Occupied HU | 1,943 (68.2%) |
| Renter Occupied HU | 622 (21.8%) |
| Vacant Housing Units | 286 (10.0%) |
| Median Home Value | $249,138 |
| Average Home Value | $265,631 |
Housing Distribution
Address Breakdown
Residential
2,586
Single Family
2,567
Multi-Family
19
Businesses
168
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