1332 E Brooks StNormanOK73071
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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
Rental property for sale in Norman at 1332 E Brooks St, Norman, OK, 73071 generates $1,357/mo in rent and, after a $930/mo payment, leaves $144/mo in cash flow. Total monthly income is $1,357/mo, and annual cash flow is $1,723/yr on $62,985 invested. Return on cash invested sits at 22.64% in year one, and rental yield is 8.57% on a $190,000 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 117.8% and total cumulative return in cash sums $74,196. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,357/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73071, Norman, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,985 (100%) |
| Owner Occupied HU | 8,126 (40.7%) |
| Renter Occupied HU | 10,330 (51.7%) |
| Vacant Housing Units | 1,529 ( 7.7%) |
| Median Home Value | $244,303 |
| Average Home Value | $298,263 |
Housing Distribution
Address Breakdown
Residential
19,765
Single Family
15,759
Multi-Family
4,006
Businesses
614
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