2820 Edgewater DrWoodwardOK73801
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 2820 Edgewater Dr, Woodward, OK, 73801 in Woodward deserves attention. This $140,889 property earns $1,642/mo in rent, a 13.98% gross yield, and nets $731/mo after the $634/mo payment. DSCR 2.59 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $38,925 compounds alongside $1,298/yr in yearly equity build, for a total cumulative return of $100,624.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 14% | 6.2% |
| Monthly Cash Flow | $731 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,642 |
| Total Monthly Debt Service | $855 |
| DSCR Ratio | 1.92x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1982
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73801, Woodward, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,504 (100%) |
| Owner Occupied HU | 3,969 (52.9%) |
| Renter Occupied HU | 2,137 (28.5%) |
| Vacant Housing Units | 1,398 (18.6%) |
| Median Home Value | $189,881 |
| Average Home Value | $218,953 |
Housing Distribution
Address Breakdown
Residential
6,464
Single Family
6,289
Multi-Family
175
Businesses
750
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
Single Family
Built in 1982
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73801, Woodward, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,504 (100%) |
| Owner Occupied HU | 3,969 (52.9%) |
| Renter Occupied HU | 2,137 (28.5%) |
| Vacant Housing Units | 1,398 (18.6%) |
| Median Home Value | $189,881 |
| Average Home Value | $218,953 |
Housing Distribution
Address Breakdown
Residential
6,464
Single Family
6,289
Multi-Family
175
Businesses
750
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices