3124 Firewheel RdEdmondOK73013
Nearby investment properties with comparable rents
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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
Rental property for sale in Edmond at 3124 Firewheel Rd, Edmond, OK, 73013 offers $3,121/mo rent that, after a $1,909/mo payment, leaves $603/mo cash flow. Total monthly income is $3,121/mo, and annual cash flow is $7,238/yr on $129,285 cash. Return on cash invested measures 25.51% in year one, and rental yield stands at 9.6% at a $390,000 entry. Equity gained on principal adds $2,517/yr while 5% annual appreciation compounds into $107,750 by year five. Five-year ROI records 133.23% and total cumulative return in cash reaches $172,244. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,121/mo property income versus a $1,909/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2009
10,001 sqft lot
$N/A/sqft
$325 annually 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
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Listed by: April Lewis • Collection 7 Realty
Mls Name: MLSOK/OKCMAR
Mls Provider:
Mls ID: #1133926
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