508 Mirano LnEdmondOK73034
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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 508 Mirano Ln, Edmond, OK, 73034 at $485,000 posts ROI 28.42% with $1,141/mo cash flow from $4,238/mo rent. Total monthly income equals $4,238/mo, and annual cash flow records $13,686/yr on $160,778 to close. Return on cash invested measures 28.42% and rental yield reads 10.49% at the current $485,000. Equity gained on principal adds $3,130/yr, and 5% annual appreciation supports $133,997 by year five. Five-year ROI prints 148.75% and total cumulative return in cash totals $239,162.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,238/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2017
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73034, Edmond, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,515 (100%) |
| Owner Occupied HU | 13,326 (65.0%) |
| Renter Occupied HU | 5,704 (27.8%) |
| Vacant Housing Units | 1,485 ( 7.2%) |
| Median Home Value | $393,232 |
| Average Home Value | $447,916 |
Housing Distribution
Address Breakdown
Residential
20,489
Single Family
19,373
Multi-Family
1,116
Businesses
1,504
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