2911 W Forrest 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
Rental property for sale in Enid at 2911 W Forrest Ave, Enid, OK, 73703 priced at $157,100 pairs $1,882/mo rent with $872/mo cash flow after a $769/mo payment. Total monthly income equals $1,882/mo, and annual cash flow comes to $10,468/yr on $52,079 invested. Return on cash invested is 40.01% in year one, and rental yield stands at 14.38% on a $157,100 basis. Equity gained on principal adds $1,014/yr, and 5% annual appreciation accumulates to $43,404 by year five. Five-year ROI measures 211.03% and total cumulative return in cash reaches $109,899. For financing, Ziffy Mortgage’s DSCR program evaluates $1,882/mo property income against a $769/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1976
0.34 Acres 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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