30779 Highway 29Elmore CityOK73433
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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
Rental property for sale in Elmore City at 30779 Highway 29, Elmore City, OK, 73433 generates $1,699/mo in rent, after a $1,591/mo payment. Total monthly income is $1,699/mo. Return on cash invested sits at 15.71% in year one, and rental yield is 6.27% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 80.63% and total cumulative return in cash sums $86,869. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,699/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73433, Elmore City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,188 (100%) |
| Owner Occupied HU | 829 (69.8%) |
| Renter Occupied HU | 183 (15.4%) |
| Vacant Housing Units | 176 (14.8%) |
| Median Home Value | $185,069 |
| Average Home Value | $261,770 |
Housing Distribution
Address Breakdown
Residential
985
Single Family
985
Multi-Family
0
Businesses
65
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Nearby investment properties with comparable prices
Listed by: Terra Murphy • Metro Brokers of Oklahoma
Mls Name: MLSOK/OKCMAR
Mls ID: #1204630