1902 Palmatum RdEl 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 1902 Palmatum Rd, El Reno, OK, 73036 generates $2,170/mo in rent and, after a $1,409/mo payment, leaves $315/mo in cash flow. Total monthly income is $2,170/mo, and annual cash flow is $3,778/yr on $95,439 invested. Return on cash invested sits at 23.87% in year one, and rental yield is 9.04% on a $287,900 entry. Equity gained on principal adds $1,858/yr, while 5% annual appreciation builds toward $79,541 over five years. Five-year ROI reaches 124.41% and total cumulative return in cash sums $118,733. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,170/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
5,998 sqft lot
$N/A/sqft
$200 annually 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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Listed by: Ronald Fulton • LGI Realty - Oklahoma, LLC
Mls Name: MLSOK/OKCMAR
Mls Provider:
Mls ID: #1209038
Disclaimer: Based on information submitted to the MLS GRID as of 2026-01-12 10:17:54 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#88)