1203 Barbour StNormanOK73069
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1203 Barbour St, Norman, OK, 73069 uses $56,355 cash to close to unlock $3,173/yr annual cash flow and $264/mo monthly cash flow. Total monthly income runs $1,350/mo, and a $832/mo payment keeps the spread at $264/mo. Purchase price stands at $170,000, and rental yield measures 9.53% with $1,350/mo rent. Return on cash invested shows 25.54% in year one, and 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 133.34% and total cumulative return in cash records $75,141. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,350/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 1959
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73069, Norman, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,463 (100%) |
| Owner Occupied HU | 5,435 (40.4%) |
| Renter Occupied HU | 6,471 (48.1%) |
| Vacant Housing Units | 1,557 (11.6%) |
| Median Home Value | $241,841 |
| Average Home Value | $295,971 |
Housing Distribution
Address Breakdown
Residential
12,796
Single Family
12,065
Multi-Family
731
Businesses
1,977
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices