15508 Homecoming DrEdmondOK73013
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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 15508 Homecoming Dr, Edmond, OK, 73013 listed at $343,000 pairs $2,542/mo rent with a $1,679/mo payment to leave $193/mo cash flow. Total monthly income runs $2,542/mo, and annual cash flow reaches $2,313/yr on $113,705 cash to close. Return on cash invested measures 21.94% in year one, and rental yield registers 8.89% at a $343,000 basis. Equity gained on principal adds $2,213/yr, and annual property appreciation at 5% supports $94,765 by year five. Five-year ROI tracks 114.61% and total cumulative return in cash totals $130,320. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,542/mo property income relative to a $1,679/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2012
9,051 sqft lot
$N/A/sqft
$600 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: Daniel Markus • CENTURY 21 Judge Fite Company
Mls Name: MLSOK/OKCMAR
Mls Provider:
Mls ID: #1172117
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