RC Magnolia Plan, Covell RanchEdmondOK73034
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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
Investment property for sale in Edmond at RC Magnolia Plan, Covell Ranch, Edmond, OK, 73034 with 5% annual appreciation on a $283,900 basis while $2,378/mo rent supports operations. Total monthly income totals $2,378/mo and a $1,390/mo payment preserves $565/mo for cash returns. Annual cash flow comes to $6,774/yr on $94,113 deployed, and return on cash invested reaches 27.11% in year one. Equity gained on principal adds $1,832/yr, and five-year appreciation sums $78,436 alongside rental yield of 10.05%. Five-year ROI measures 141.72% and total cumulative return in cash totals $133,377.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,378/mo property income versus a $1,390/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
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
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