1632 Laurel PlEdmondOK73003
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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 1632 Laurel Pl, Edmond, OK, 73003 offers a 9.38% rental yield on a $272,900 purchase with $2,134/mo rent. Total monthly income registers $2,134/mo, and a $1,336/mo payment leaves $391/mo available for distribution. Annual cash flow reaches $4,691/yr on $90,466 to close, and return on cash invested stands at 25.09% in year one. Equity gained on principal adds $1,761/yr while 5% annual appreciation supports $75,397 over five years. Portfolio math shows five-year ROI at 130.91% and total cumulative return in cash at $118,428. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,134/mo property income against a $1,336/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 2000
3,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73003, Edmond, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,388 (100%) |
| Owner Occupied HU | 5,194 (50.0%) |
| Renter Occupied HU | 4,400 (42.4%) |
| Vacant Housing Units | 794 ( 7.6%) |
| Median Home Value | $251,228 |
| Average Home Value | $295,846 |
Housing Distribution
Address Breakdown
Residential
9,888
Single Family
9,677
Multi-Family
211
Businesses
1,394
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