404 S Texas StElmore CityOK73433
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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 Elmore City at 404 S Texas St, Elmore City, OK, 73433 with 5% annual appreciation on a $180,000 basis while $1,626/mo rent supports operations. Total monthly income totals $1,626/mo and a $881/mo payment preserves $477/mo for cash returns. Annual cash flow comes to $5,718/yr on $59,670 deployed, and return on cash invested reaches 29.49% in year one. Equity gained on principal adds $1,162/yr, and five-year appreciation sums $49,731 alongside rental yield of 10.84%. Five-year ROI measures 154.54% and total cumulative return in cash totals $92,213.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,626/mo property income versus a $881/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2011
7,544 sqft 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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Listed by: Joseph Chambers • McCurdy Real Estate, Inc.
Mls Name: MLSOK/OKCMAR
Mls ID: #1183921