2409 Lone Oak WayEdmondOK73034
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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
Rental property for sale in Edmond at 2409 Lone Oak Way, Edmond, OK, 73034 generates $7,210/mo in rent and, after a $4,890/mo payment, leaves $523/mo in cash flow. Total monthly income is $7,210/mo, and annual cash flow is $6,280/yr on $328,671 invested. Return on cash invested sits at 21.97% in year one, and rental yield is 8.66% on a $999,000 entry. Equity gained on principal adds $6,446/yr, while 5% annual appreciation builds toward $276,005 over five years. Five-year ROI reaches 114.54% and total cumulative return in cash sums $376,454. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,210/mo property income rather than buyer’s personal income.
Single Family
Built in 2013
0.55 Acres lot
$N/A/sqft
$1,600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73034, Edmond, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,515 (100%) |
| Owner Occupied HU | 13,326 (65.0%) |
| Renter Occupied HU | 5,704 (27.8%) |
| Vacant Housing Units | 1,485 ( 7.2%) |
| Median Home Value | $393,232 |
| Average Home Value | $447,916 |
Housing Distribution
Address Breakdown
Residential
20,489
Single Family
19,373
Multi-Family
1,116
Businesses
1,504
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Listed by: Santana Dennis • Metro First Realty
Mls Name: MLSOK/OKCMAR
Mls Provider:
Mls ID: #1169228
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