4301 Rhode Island AveEdmondOK73013
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 4301 Rhode Island Ave, Edmond, OK, 73013 priced at $309,777 converts $1,958/mo rent into after a $1,516/mo obligation. Total monthly income equals $1,958/mo. Return on cash invested prints 19.51% in year one, and rental yield reads 7.58% against a $309,777 entry. Equity gained on principal adds $1,999/yr, while 5% annual appreciation compiles into $85,586 by year five. Five-year ROI reaches 101.02% and total cumulative return in cash sums $103,737. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,958/mo property income covering a $1,516/mo payment, not borrower’s personal income.
Single Family
Built in 1998
0.75 Acres lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Terra Myers • Keller Williams Central OK ED
Mls Name: MLSOK/OKCMAR
Mls Provider:
Mls ID: #1164917
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. Copyright 2025 MLSOK, Inc. All rights reserved.