1426 W Watts StEl RenoOK73036
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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
Investment property for sale in El Reno at 1426 W Watts St, El Reno, OK, 73036 offers a 9.08% rental yield on a $164,500 purchase with $1,245/mo rent. Total monthly income registers $1,245/mo, and a $805/mo payment leaves $195/mo available for distribution. Annual cash flow reaches $2,335/yr on $54,532 to close, and return on cash invested stands at 24.19% in year one. Equity gained on principal adds $1,061/yr while 5% annual appreciation supports $45,448 over five years. Portfolio math shows five-year ROI at 126.11% and total cumulative return in cash at $68,770. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,245/mo property income against a $805/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1981
5,401 sqft 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
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