13516 Watson DrPiedmontOK73078
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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
Rental property for sale in Piedmont at 13516 Watson Dr, Piedmont, OK, 73078 generates $1,999/mo in rent and, after a $1,214/mo payment, leaves $415/mo in cash flow. Total monthly income is $1,999/mo, and annual cash flow is $4,981/yr on $82,212 invested. Return on cash invested sits at 25.97% in year one, and rental yield is 9.67% on a $248,000 entry. Equity gained on principal adds $1,600/yr, while 5% annual appreciation builds toward $68,518 over five years. Five-year ROI reaches 135.64% and total cumulative return in cash sums $111,510. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,999/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73078, Piedmont, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,690 (100%) |
| Owner Occupied HU | 4,064 (86.7%) |
| Renter Occupied HU | 429 ( 9.1%) |
| Vacant Housing Units | 197 ( 4.2%) |
| Median Home Value | $329,089 |
| Average Home Value | $356,436 |
Housing Distribution
Address Breakdown
Residential
4,913
Single Family
4,913
Multi-Family
0
Businesses
291
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