2300 NW 162nd TerEdmondOK73013
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
Investment Highlights
Investment property for sale in Edmond at 2300 NW 162nd Ter, Edmond, OK, 73013 uses $75,914 cash to close to unlock $5,717/yr annual cash flow and $476/mo monthly cash flow. Total monthly income runs $1,939/mo, and a $1,121/mo payment keeps the spread at $476/mo. Purchase price stands at $229,000, and rental yield measures 10.16% with $1,939/mo rent. Return on cash invested shows 27.44% in year one, and 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 143.52% and total cumulative return in cash records $108,953. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,939/mo property income covering a $1,121/mo payment rather than investor’s personal income.
Single Family
Built in 2003
8,250 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices