802 E Oklahoma AveEnidOK73701
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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 Enid at 802 E Oklahoma Ave, Enid, OK, 73701 with 5% annual appreciation on a $100,000 basis while $857/mo rent supports operations. Total monthly income totals $857/mo and a $489/mo payment preserves $219/mo for cash returns. Annual cash flow comes to $2,626/yr on $33,150 deployed, and return on cash invested reaches 27.83% in year one. Equity gained on principal adds $645/yr, and five-year appreciation sums $27,628 alongside rental yield of 10.28%. Five-year ROI measures 145.57% and total cumulative return in cash totals $48,256.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $857/mo property income versus a $489/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1908
6,750 sqft 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
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