2835 W Elm 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 2835 W Elm Ave, Enid, OK, 73703 earns $625/mo cash flow from $1,774/mo rent with a $881/mo payment. Total monthly income totals $1,774/mo, and annual cash flow totals $7,496/yr on $59,637 capital. ROI tracks 32.48% on current figures, and rental yield reads 11.83% at a $179,900 purchase. Equity gained on principal adds $1,161/yr, and 5% annual appreciation supports $49,703 over five years. Five-year ROI reaches 170.53% and total cumulative return in cash sums $101,697. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,774/mo property income instead of your personal income.
Single Family
Built in 1966
7,950 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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