Steinbeck Plan, Town SquareEdmondOK73034
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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 Steinbeck Plan, Town Square, Edmond, OK, 73034 offers a 7.69% rental yield on a $544,900 purchase with $3,494/mo rent. Total monthly income registers $3,494/mo, and a $2,667/mo payment leaves $14/mo available for distribution. Annual cash flow reaches $170/yr on $179,272 to close, and return on cash invested stands at 20.16% in year one. Equity gained on principal adds $3,516/yr while 5% annual appreciation supports $150,546 over five years. Portfolio math shows five-year ROI at 104.4% and total cumulative return in cash at $187,169. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,494/mo property income against a $2,667/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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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