623 S Ellison AveEl RenoOK73036
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
Rental property for sale in El Reno at 623 S Ellison Ave, El Reno, OK, 73036 offers $802/mo rent that, after a $513/mo payment, leaves $133/mo cash flow. Total monthly income is $802/mo, and annual cash flow is $1,590/yr on $34,774 cash. Return on cash invested measures 24.48% in year one, and rental yield stands at 9.17% at a $104,900 entry. Equity gained on principal adds $677/yr while 5% annual appreciation compounds into $28,982 by year five. Five-year ROI records 127.66% and total cumulative return in cash reaches $44,394. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $802/mo property income versus a $513/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73036, El Reno, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,212 (100%) |
| Owner Occupied HU | 4,572 (55.7%) |
| Renter Occupied HU | 2,701 (32.9%) |
| Vacant Housing Units | 939 (11.4%) |
| Median Home Value | $244,352 |
| Average Home Value | $269,174 |
Housing Distribution
Address Breakdown
Residential
7,977
Single Family
7,307
Multi-Family
670
Businesses
933
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices