2020 Cedar Ridge RdEdmondOK73013
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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 2020 Cedar Ridge Rd, Edmond, OK, 73013 at $315,000 posts ROI 25.13% with $454/mo cash flow from $2,508/mo rent. Total monthly income equals $2,508/mo, and annual cash flow records $5,453/yr on $104,423 to close. Return on cash invested measures 25.13% and rental yield reads 9.55% at the current $315,000. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,029 by year five. Five-year ROI prints 131.31% and total cumulative return in cash totals $137,117.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,508/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1974
10,454 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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