5668 Minnow LnElginOK73538
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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 Elgin at 5668 Minnow Ln, Elgin, OK, 73538 uses $120,666 cash to close to unlock $5,940/yr annual cash flow and $495/mo monthly cash flow. Total monthly income runs $2,820/mo, and a $1,782/mo payment keeps the spread at $495/mo. Purchase price stands at $364,000, and rental yield measures 9.3% with $2,820/mo rent. Return on cash invested shows 24.83% in year one, and 5% annual appreciation builds toward $100,566 over five years. Five-year ROI reaches 129.55% and total cumulative return in cash records $156,317. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,820/mo property income covering a $1,782/mo payment rather than investor’s personal income.
Single Family
Built in 2025
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73538, Elgin, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,851 (100%) |
| Owner Occupied HU | 1,943 (68.2%) |
| Renter Occupied HU | 622 (21.8%) |
| Vacant Housing Units | 286 (10.0%) |
| Median Home Value | $249,138 |
| Average Home Value | $265,631 |
Housing Distribution
Address Breakdown
Residential
2,586
Single Family
2,567
Multi-Family
19
Businesses
168
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