16350 SW 15th 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 16350 SW 15th St, El Reno, OK, 73036 uses $182,595 cash to close to unlock $8,521/yr annual cash flow and $710/mo monthly cash flow. Total monthly income runs $4,254/mo, and a $2,716/mo payment keeps the spread at $710/mo. Purchase price stands at $555,000, and rental yield measures 9.2% with $4,254/mo rent. Return on cash invested shows 24.73% in year one, and 5% annual appreciation builds toward $153,336 over five years. Five-year ROI reaches 128.93% and total cumulative return in cash records $235,412. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,254/mo property income covering a $2,716/mo payment rather than investor’s personal income.
Single Family
Built in 2005
5 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
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