4501 N Washington StEnidOK73701
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder4501 N Washington St, Enid, OK, 73701 in Enid earns a respectable 7.96% gross yield at $184,900, but after the $831/mo mortgage the net cash flow is $46/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.48) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $51,084 over five years, making equity the dominant return driver. Total projected return: $73,244.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 8.0% |
| Monthly Cash Flow | $46 | $200 |
City averages based on Enid market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,226 |
| Total Monthly Debt Service | $1,107 |
| DSCR Ratio | 1.11x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1965
0.88 Acres 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
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
Single Family
Built in 1965
0.88 Acres 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