617 Edwards LnIndianolaOK74442
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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 Indianola at 617 Edwards Ln, Indianola, OK, 74442 priced at $350,000 pairs $1,210/mo rent with after a $1,713/mo payment. Total monthly income equals $1,210/mo. Return on cash invested is 9.31% in year one, and rental yield stands at 4.15% on a $350,000 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,699 by year five. Five-year ROI measures 46.24% and total cumulative return in cash reaches $53,654. For financing, Ziffy Mortgage’s DSCR program evaluates $1,210/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2016
59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74442, Indianola, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 318 (100%) |
| Owner Occupied HU | 201 (63.2%) |
| Renter Occupied HU | 45 (14.2%) |
| Vacant Housing Units | 72 (22.6%) |
| Median Home Value | $161,607 |
| Average Home Value | $205,597 |
Housing Distribution
Address Breakdown
Residential
221
Single Family
221
Multi-Family
0
Businesses
18
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