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$329,000

Sale Pending
1917 Woodland Rd, Edmond, OK 73013
3 Beds
2 Baths
0 Square Feet
0.31 Acres Lot
Built in 1981
Sale Pending
Units n/a
Checked: 1 day ago
Updated: Jul 01, 2025 at 03:12AM

Investment Summary


Monthly Cash Flow
-$285
Cap Rate
4.6%
Cash-on-Cash Return
-4.5%
Debt Coverage Ratio
0.82
Internal Rate of Return (5 years)
-0.4%

Property Description


0.31 Acres Lot
Built in 1981
Sale Pending
Units n/a

This 2,311 square foot ranch-style home beautifully blends mid-century modern character with a spacious, open-concept layout designed for comfortable single-level living. Featuring a classic sunken living room, expansive picture windows, and an abundance of natural light, the home offers a calm, retreat-like feel while maintaining a warm and inviting atmosphere. The layout flows effortlessly between the living, dining, and kitchen areas—perfect for both daily living and entertaining. A dedicated home office adds valuable flexibility for remote work, study, or creative use. Tucked within a quiet, established neighborhood, this home offers the ideal balance of charm, function, and sanctuary—all in one thoughtfully designed space.

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Location


Property Details


Parking

  • Description: Attached Garage
  • Details: Attached, Garage
  • Garage Spaces: 2
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Total): 2.0

Interior Features

  • # of Rooms: 7
  • # of Stories: 1
  • Fireplace: Yes

Exterior Features

  • Exterior Walls Materials: Brick Veneer
  • Foundation: Slab
  • Roof Type: Gable
  • Roof Material: Composition
  • Pool: Yes

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 183223190
  • Lot Size: 13473 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: MidCenturyModern, Ranch
  • Year Built: 1981

Tax Information

  • Annual Tax: $2,956

Utilities

  • Heating: Natural Gas, Central
  • Cooling: Ceiling Fan(s), Central Air

Location

  • County: Oklahoma

Listing Details


Listed by:
Graygory Hardeman
Modern Abode Realty
(936) 349-5105

Source:
MLSOK
MLS#: 1174392

Investment Summary


Monthly Cash Flow
-$285
Cap Rate
4.6%
Cash-on-Cash Return
-4.5%
Debt Coverage Ratio
0.82
Internal Rate of Return (5 years)
-0.4%

Purchase Details

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Purchase price:
$329,000
Amount financed:
-$263,200
Down payment:
$65,800
Closing costs:
$9,870
Rehab costs:
$0
Initial cash invested:
$75,670
Square feet:
0
Cost per square foot:
n/a
Monthly rent per square foot:
n/a

Financing Details

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Loan amount:
$263,200
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$1,557
Property tax:
$246
Insurance:
$154
Private mortgage insurance (PMI):
$0
Monthly payment:
$1,957

Operating Income

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% Rent Monthly Yearly
Gross rent:
$2,200 $26,400
Vacancy loss: (6%)
6% -$132 -$1,584
Operating income:
$2,068 $24,816

Operating Expenses


% Rent Monthly Yearly
Property taxes: (11%)
11%-$246-$2,956
Insurance: (7%)
7%-$154-$1,848
Property management: (8%)
8%-$176-$2,112
Repairs & maintenance: (5%)
5%-$110-$1,320
Capital expenditures: (5%)
5%-$110-$1,320
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (36%)
36%-$796-$9,556

Cash Flow


Monthly Yearly
Net operating income:
$1,272 $15,264
Mortgage payments:
-$1,557 -$18,684
Cash flow:
$285 $3,420