1241 NW 183rd StEdmondOK73012
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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 Edmond at 1241 NW 183rd St, Edmond, OK, 73012 uses $107,738 cash to close to unlock $5,559/yr annual cash flow and $463/mo monthly cash flow. Total monthly income runs $2,539/mo, and a $1,591/mo payment keeps the spread at $463/mo. Purchase price stands at $325,000, and rental yield measures 9.37% with $2,539/mo rent. Return on cash invested shows 25.07% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 130.81% and total cumulative return in cash records $140,929. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,539/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Single Family
Built in 2001
7,426 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73012, Bray, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,267 (100%) |
| Owner Occupied HU | 12,390 (76.2%) |
| Renter Occupied HU | 3,078 (18.9%) |
| Vacant Housing Units | 799 ( 4.9%) |
| Median Home Value | $323,143 |
| Average Home Value | $383,952 |
Housing Distribution
Address Breakdown
Residential
16,798
Single Family
16,653
Multi-Family
145
Businesses
374
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