822 W Elm StDurantOK74701
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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 Durant at 822 W Elm St, Durant, OK, 74701 with 5% annual appreciation on a $279,900 basis while $2,039/mo rent supports operations. Total monthly income totals $2,039/mo and a $1,370/mo payment preserves $251/mo for cash returns. Annual cash flow comes to $3,018/yr on $92,787 deployed, and return on cash invested reaches 23.16% in year one. Equity gained on principal adds $1,806/yr, and five-year appreciation sums $77,331 alongside rental yield of 8.74%. Five-year ROI measures 120.56% and total cumulative return in cash totals $111,865.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,039/mo property income versus a $1,370/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1938
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74701, Durant, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,591 (100%) |
| Owner Occupied HU | 5,635 (48.6%) |
| Renter Occupied HU | 4,921 (42.5%) |
| Vacant Housing Units | 1,035 ( 8.9%) |
| Median Home Value | $209,019 |
| Average Home Value | $243,684 |
Housing Distribution
Address Breakdown
Residential
11,179
Single Family
10,611
Multi-Family
568
Businesses
1,001
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