3112 N 5th StEnidOK73701
Nearby investment properties with comparable rents
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
Investment property for sale in Enid at 3112 N 5th St, Enid, OK, 73701 uses $38,089 cash to close to unlock $2,047/yr annual cash flow and $171/mo monthly cash flow. Total monthly income runs $904/mo, and a $562/mo payment keeps the spread at $171/mo. Purchase price stands at $114,900, and rental yield measures 9.44% with $904/mo rent. Return on cash invested shows 25.28% in year one, and 5% annual appreciation builds toward $31,745 over five years. Five-year ROI reaches 131.95% and total cumulative return in cash records $50,258. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $904/mo property income covering a $562/mo payment rather than investor’s personal income.
Single Family
Built in 1925
9,940 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73701, Enid, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,715 (100%) |
| Owner Occupied HU | 4,961 (46.3%) |
| Renter Occupied HU | 3,828 (35.7%) |
| Vacant Housing Units | 1,926 (18.0%) |
| Median Home Value | $107,903 |
| Average Home Value | $146,343 |
Housing Distribution
Address Breakdown
Residential
9,313
Single Family
9,148
Multi-Family
165
Businesses
993
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices