2306 W Maple AveEnidOK73703
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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 Enid at 2306 W Maple Ave, Enid, OK, 73703 uses $37,460 cash to close to unlock $4,349/yr annual cash flow and $362/mo monthly cash flow. Total monthly income runs $1,084/mo, and a $553/mo payment keeps the spread at $362/mo. Purchase price stands at $113,000, and rental yield measures 11.51% with $1,084/mo rent. Return on cash invested shows 31.52% in year one, and 5% annual appreciation builds toward $31,220 over five years. Five-year ROI reaches 165.44% and total cumulative return in cash records $61,973. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,084/mo property income covering a $553/mo payment rather than investor’s personal income.
Single Family
Built in 1950
7,590 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73703, Enid, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,869 (100%) |
| Owner Occupied HU | 7,969 (57.5%) |
| Renter Occupied HU | 4,384 (31.6%) |
| Vacant Housing Units | 1,516 (10.9%) |
| Median Home Value | $205,328 |
| Average Home Value | $250,112 |
Housing Distribution
Address Breakdown
Residential
13,236
Single Family
11,734
Multi-Family
1,502
Businesses
789
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