193 King AveElmerOK73539
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
Investment property for sale in Elmer at 193 King Ave, Elmer, OK, 73539 offers a 11.81% rental yield on a $150,000 purchase with $1,476/mo rent. Total monthly income registers $1,476/mo, and a $734/mo payment leaves $518/mo available for distribution. Annual cash flow reaches $6,219/yr on $49,725 to close, and return on cash invested stands at 32.42% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 170.24% and total cumulative return in cash at $84,654. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,476/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73539, Elmer, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 100 (100%) |
| Owner Occupied HU | 63 (63.0%) |
| Renter Occupied HU | 9 ( 9.0%) |
| Vacant Housing Units | 28 (28.0%) |
| Median Home Value | $131,250 |
| Average Home Value | $192,460 |
Housing Distribution
Address Breakdown
Residential
47
Single Family
47
Multi-Family
0
Businesses
5
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