2000 Michael 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
Rental property for sale in Edmond at 2000 Michael Dr, Edmond, OK, 73013 generates $1,516/mo in rent and, after a $1,028/mo payment, leaves $175/mo in cash flow. Total monthly income is $1,516/mo, and annual cash flow is $2,097/yr on $69,615 invested. Return on cash invested sits at 22.92% in year one, and rental yield is 8.66% on a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 119.27% and total cumulative return in cash sums $83,032. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,516/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
7,000 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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Listed by: Breann Green • H&W Realty Branch
Mls Name: MLSOK/OKCMAR
Mls Provider:
Mls ID: #1160436
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