407 E Elm AveEufaulaOK74432
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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 Eufaula at 407 E Elm Ave, Eufaula, OK, 74432 priced at $329,900 converts $3,000/mo rent into $893/mo cash flow after a $1,615/mo obligation. Total monthly income equals $3,000/mo, and annual cash flow totals $10,715/yr on $109,362 invested. Return on cash invested prints 29.71% in year one, and rental yield reads 10.91% against a $329,900 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation compiles into $91,145 by year five. Five-year ROI reaches 155.64% and total cumulative return in cash sums $170,211. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,000/mo property income covering a $1,615/mo payment, not borrower’s personal income.
Single Family
Built in 1915
10,497 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74432, Eufaula, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,575 (100%) |
| Owner Occupied HU | 3,236 (49.2%) |
| Renter Occupied HU | 901 (13.7%) |
| Vacant Housing Units | 2,438 (37.1%) |
| Median Home Value | $180,888 |
| Average Home Value | $232,026 |
Housing Distribution
Address Breakdown
Residential
4,871
Single Family
4,839
Multi-Family
32
Businesses
480
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Listed by: Rod Canterbury • RE/MAX Advantage
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2520218
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.