Fenwick Plan, Covell ValleyEdmondOK73034
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Fenwick Plan, Covell Valley, Edmond, OK, 73034 priced at $416,600 converts $3,714/mo rent into $1,054/mo cash flow after a $2,039/mo obligation. Total monthly income equals $3,714/mo, and annual cash flow totals $12,643/yr on $138,103 invested. Return on cash invested prints 29.06% in year one, and rental yield reads 10.7% against a $416,600 entry. Equity gained on principal adds $2,688/yr, while 5% annual appreciation compiles into $115,099 by year five. Five-year ROI reaches 152.21% and total cumulative return in cash sums $210,200. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,714/mo property income covering a $2,039/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
