800 Fairfax Ln,El Reno,OK,73036

Investment Highlights

Investment property for sale in El Reno at 800 Fairfax Ln, El Reno, OK, 73036 offers a 8.26% rental yield on a $299,000 purchase with $2,059/mo rent. Total monthly income registers $2,059/mo, and a $1,463/mo payment leaves $150/mo available for distribution. Annual cash flow reaches $1,800/yr on $99,119 to close, and return on cash invested stands at 21.72% in year one. Equity gained on principal adds $1,929/yr while 5% annual appreciation supports $82,608 over five years. Portfolio math shows five-year ROI at 112.83% and total cumulative return in cash at $111,838. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,059/mo property income against a $1,463/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.