1908 Emerald Brook CtEdmondOK73003
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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
Rental property for sale in Edmond at 1908 Emerald Brook Ct, Edmond, OK, 73003 offers $1,919/mo rent that, after a $994/mo payment, leaves $622/mo cash flow. Total monthly income is $1,919/mo, and annual cash flow is $7,466/yr on $67,295 cash. Return on cash invested measures 31% in year one, and rental yield stands at 11.34% at a $203,000 entry. Equity gained on principal adds $1,310/yr while 5% annual appreciation compounds into $56,085 by year five. Five-year ROI records 162.67% and total cumulative return in cash reaches $109,466. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,919/mo property income versus a $994/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
6,342 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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