16200 Romeo 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 16200 Romeo Dr, Edmond, OK, 73013 uses $98,455 cash to close to unlock $2,700/yr annual cash flow and $225/mo monthly cash flow. Total monthly income runs $2,122/mo, and a $1,454/mo payment keeps the spread at $225/mo. Purchase price stands at $296,999, and rental yield measures 8.57% with $2,122/mo rent. Return on cash invested shows 22.65% in year one, and 5% annual appreciation builds toward $82,055 over five years. Five-year ROI reaches 117.79% and total cumulative return in cash records $115,974. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,122/mo property income covering a $1,454/mo payment rather than investor’s personal income.
Single Family
Built in 2012
7,797 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
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