Cornerstone Bonus Room 2 Plan, Magnolia RidgeEdmondOK73012
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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 Cornerstone Bonus Room 2 Plan, Magnolia Ridge, Edmond, OK, 73012 priced at $508,840 pairs $3,457/mo rent with $207/mo cash flow after a $2,491/mo payment. Total monthly income equals $3,457/mo, and annual cash flow comes to $2,484/yr on $167,408 invested. Return on cash invested is 21.54% in year one, and rental yield stands at 8.15% on a $508,840 basis. Equity gained on principal adds $3,283/yr, and 5% annual appreciation accumulates to $140,583 by year five. Five-year ROI measures 111.83% and total cumulative return in cash reaches $187,211. For financing, Ziffy Mortgage’s DSCR program evaluates $3,457/mo property income against a $2,491/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A 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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