2909 Parkside DrEdmondOK73012
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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 2909 Parkside Dr, Edmond, OK, 73012 uses $86,190 cash to close to unlock $6,614/yr annual cash flow and $551/mo monthly cash flow. Total monthly income runs $2,212/mo, and a $1,273/mo payment keeps the spread at $551/mo. Purchase price stands at $260,000, and rental yield measures 10.21% with $2,212/mo rent. Return on cash invested shows 27.58% in year one, and 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 144.29% and total cumulative return in cash records $124,361. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,212/mo property income covering a $1,273/mo payment rather than investor’s personal income.
Single Family
Built in 1983
7,527 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73012, Bray, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,267 (100%) |
| Owner Occupied HU | 12,390 (76.2%) |
| Renter Occupied HU | 3,078 (18.9%) |
| Vacant Housing Units | 799 ( 4.9%) |
| Median Home Value | $323,143 |
| Average Home Value | $383,952 |
Housing Distribution
Address Breakdown
Residential
16,798
Single Family
16,653
Multi-Family
145
Businesses
374
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