11190 E Rock Creek RdNormanOK73026
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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 Norman at 11190 E Rock Creek Rd, Norman, OK, 73026 listed at $280,000 pairs $2,497/mo rent with a $1,370/mo payment to leave $709/mo cash flow. Total monthly income runs $2,497/mo, and annual cash flow reaches $8,512/yr on $92,820 cash to close. Return on cash invested measures 29.08% in year one, and rental yield registers 10.7% at a $280,000 basis. Equity gained on principal adds $1,807/yr, and annual property appreciation at 5% supports $77,359 by year five. Five-year ROI tracks 152.29% and total cumulative return in cash totals $141,357. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,497/mo property income relative to a $1,370/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2000
5.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73026, Norman, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,194 (100%) |
| Owner Occupied HU | 4,270 (82.2%) |
| Renter Occupied HU | 547 (10.5%) |
| Vacant Housing Units | 377 ( 7.3%) |
| Median Home Value | $310,137 |
| Average Home Value | $362,038 |
Housing Distribution
Address Breakdown
Residential
4,938
Single Family
4,907
Multi-Family
31
Businesses
71
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Listed by: Jon Stefanick • LIME Realty
Mls Name: MLSOK/OKCMAR
Mls Provider:
Mls ID: #1172360
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