15621 Traditions DrEdmondOK73013
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable, bankable, and well-priced, 15621 Traditions Dr, Edmond, OK, 73013 in Edmond delivers $2,360/mo in gross rent and $271/mo in net monthly income at a $300,000 entry. The 9.44% yield and 1.75 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $82,884 over five years and $2,763/yr in equity from loan paydown, total projected return is $142,624.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 5.8% |
| Monthly Cash Flow | $271 | $420 |
City averages based on Edmond market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,360 |
| Total Monthly Debt Service | $1,796 |
| DSCR Ratio | 1.31x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2006
8,359 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2006
8,359 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices