721 W Broadway AveElk CityOK73644
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
Investment property for sale in Elk City at 721 W Broadway Ave, Elk City, OK, 73644 at $279,000 posts ROI 26.63% with $518/mo cash flow from $2,300/mo rent. Total monthly income equals $2,300/mo, and annual cash flow records $6,214/yr on $92,489 to close. Return on cash invested measures 26.63% and rental yield reads 9.89% at the current $279,000. Equity gained on principal adds $1,800/yr, and 5% annual appreciation supports $77,083 by year five. Five-year ROI prints 139.13% and total cumulative return in cash totals $128,683.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,300/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1933
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73644, Elk City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,080 (100%) |
| Owner Occupied HU | 3,631 (51.3%) |
| Renter Occupied HU | 1,942 (27.4%) |
| Vacant Housing Units | 1,507 (21.3%) |
| Median Home Value | $198,561 |
| Average Home Value | $267,652 |
Housing Distribution
Address Breakdown
Residential
5,538
Single Family
5,282
Multi-Family
256
Businesses
590
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