604 NW 197th StEdmondOK73012
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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 604 NW 197th St, Edmond, OK, 73012 generates $3,196/mo in rent and, after a $2,198/mo payment, leaves $328/mo in cash flow. Total monthly income is $3,196/mo, and annual cash flow is $3,939/yr on $148,844 invested. Return on cash invested sits at 22.56% in year one, and rental yield is 8.54% on a $449,000 entry. Equity gained on principal adds $2,897/yr, while 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 117.31% and total cumulative return in cash sums $174,604. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,196/mo property income rather than buyer’s personal income.
Single Family
Built in 2017
8,123 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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