17204 Cedar DrEdmondOK73012
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 17204 Cedar Dr, Edmond, OK, 73012 in Edmond speaks for itself: 10.48% gross on a $285,000 price, generating $1,743/mo in rent and $566/mo in net income after the $1,282/mo debt service. DSCR 1.36, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $6,792 stacks alongside $78,740 in projected five-year appreciation and $2,625/yr in principal reduction. Projected total cumulative return: $97,199.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 5.8% |
| Monthly Cash Flow | $566 | $420 |
City averages based on Edmond market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,743 |
| Total Monthly Debt Service | $1,809 |
| DSCR Ratio | 0.96x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2003
4,451 sqft lot
$N/A/sqft
$800 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73012, Bray, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,267 (100%) |
| Owner Occupied HU | 12,390 (76.2%) |
| Renter Occupied HU | 3,078 (18.9%) |
| Vacant Housing Units | 799 ( 4.9%) |
| Median Home Value | $323,143 |
| Average Home Value | $383,952 |
Housing Distribution
Address Breakdown
Residential
16,798
Single Family
16,653
Multi-Family
145
Businesses
374
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 2003
4,451 sqft lot
$N/A/sqft
$800 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73012, Bray, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,267 (100%) |
| Owner Occupied HU | 12,390 (76.2%) |
| Renter Occupied HU | 3,078 (18.9%) |
| Vacant Housing Units | 799 ( 4.9%) |
| Median Home Value | $323,143 |
| Average Home Value | $383,952 |
Housing Distribution
Address Breakdown
Residential
16,798
Single Family
16,653
Multi-Family
145
Businesses
374
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Katie Moran • Modern Abode Realty
Mls Name: MLSOK/OKCMAR
Mls Provider:
Mls ID: #1165346
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