The property at 3417 Walking Sky Rd in Edmond, Oklahoma, offers a strong rental potential with an estimated monthly rent ranging from $1,800 to $2,415. The local market trends in Edmond are encouraging, with a stable demand for single-family homes. Key features such as the large lot, updated kitchen, and central location enhance its appeal. However, the property's 1977 build may require some modernization to maximize rental potential. The payback period, based on rental income, could be favorable given the current market conditions.
To boost rental income, consider modernizing the interior, particularly the kitchen and bathrooms, while maintaining the charm of its original 1970s design. If selling is an option, highlight the property's spacious lot, well water feature, and investment potential. These elements can attract both buyers and renters looking for a unique home in Edmond. Competitive pricing and strategic marketing could further enhance appeal in a competitive market.