3017 NW 196th PlEdmondOK73012
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
Rental property for sale in Edmond at 3017 NW 196th Pl, Edmond, OK, 73012 generates $2,136/mo in rent and, after a $1,292/mo payment, leaves $421/mo in cash flow. Total monthly income is $2,136/mo, and annual cash flow is $5,054/yr on $87,483 invested. Return on cash invested sits at 25.69% in year one, and rental yield is 9.71% on a $263,900 entry. Equity gained on principal adds $1,703/yr, while 5% annual appreciation builds toward $72,911 over five years. Five-year ROI reaches 134.27% and total cumulative return in cash sums $117,462. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,136/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
4,399 sqft lot
$N/A/sqft
$350 annually 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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Nearby investment properties with comparable prices
Listed by: John Burris • Central OK Real Estate Group
Mls Name: MLSOK/OKCMAR
Mls Provider:
Mls ID: #1170866
Disclaimer: Based on information submitted to the MLS GRID as of 2025-11-04 21:37:52 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#88)