709 Timber Ridge RdEdmondOK73034
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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 709 Timber Ridge Rd, Edmond, OK, 73034 offers $4,219/mo rent that, after a $2,373/mo payment, leaves $1,123/mo cash flow. Total monthly income is $4,219/mo, and annual cash flow is $13,472/yr on $160,744 cash. Return on cash invested measures 28.29% in year one, and rental yield stands at 10.44% at a $484,900 entry. Equity gained on principal adds $3,129/yr while 5% annual appreciation compounds into $133,969 by year five. Five-year ROI records 148.04% and total cumulative return in cash reaches $237,967. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,219/mo property income versus a $2,373/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
0.31 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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