1425 Switchgrass RdEdmondOK73013
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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 Edmond at 1425 Switchgrass Rd, Edmond, OK, 73013 generates $2,366/mo in rent and, after a $1,614/mo payment, leaves $209/mo in cash flow. Total monthly income is $2,366/mo, and annual cash flow is $2,510/yr on $109,329 invested. Return on cash invested sits at 22.2% in year one, and rental yield is 8.61% on a $329,800 entry. Equity gained on principal adds $2,128/yr, while 5% annual appreciation builds toward $91,118 over five years. Five-year ROI reaches 115.65% and total cumulative return in cash sums $126,440. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,366/mo property income rather than buyer’s personal income.
Single Family
Built in 2014
8,145 sqft lot
$N/A/sqft
$350 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73013, Edmond, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,424 (100%) |
| Owner Occupied HU | 15,923 (68.0%) |
| Renter Occupied HU | 6,149 (26.3%) |
| Vacant Housing Units | 1,352 ( 5.8%) |
| Median Home Value | $331,214 |
| Average Home Value | $401,623 |
Housing Distribution
Address Breakdown
Residential
23,843
Single Family
22,009
Multi-Family
1,834
Businesses
2,135
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Listed by: Hatem Dartay • Chamberlain Realty, LLC
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2522462
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.