Durango Plan, Council Ridge NorthEdmondOK73013
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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 Durango Plan, Council Ridge North, Edmond, OK, 73013 priced at $421,000 converts $2,443/mo rent into after a $2,061/mo obligation. Total monthly income equals $2,443/mo. Return on cash invested prints 17.79% in year one, and rental yield reads 6.96% against a $421,000 entry. Equity gained on principal adds $2,717/yr, while 5% annual appreciation compiles into $116,315 by year five. Five-year ROI reaches 91.79% and total cumulative return in cash sums $128,109. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,443/mo property income covering a $2,061/mo payment, not borrower’s personal income.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73013, Edmond, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,424 (100%) |
| Owner Occupied HU | 15,923 (68.0%) |
| Renter Occupied HU | 6,149 (26.3%) |
| Vacant Housing Units | 1,352 ( 5.8%) |
| Median Home Value | $331,214 |
| Average Home Value | $401,623 |
Housing Distribution
Address Breakdown
Residential
23,843
Single Family
22,009
Multi-Family
1,834
Businesses
2,135
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