2806 Haystack LnEnidOK73703
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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
Rental property for sale in Enid at 2806 Haystack Ln, Enid, OK, 73703 priced at $254,900 converts $1,946/mo rent into $300/mo cash flow after a $1,248/mo obligation. Total monthly income equals $1,946/mo, and annual cash flow totals $3,604/yr on $84,499 invested. Return on cash invested prints 24.17% in year one, and rental yield reads 9.16% against a $254,900 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation compiles into $70,424 by year five. Five-year ROI reaches 126.11% and total cumulative return in cash sums $106,560. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,946/mo property income covering a $1,248/mo payment, not borrower’s personal income.
Single Family
Built in 1980
6,000 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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