1411 Presidio DrNormanOK73072
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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 1411 Presidio Dr, Norman, OK, 73072 priced at $369,999 converts $2,946/mo rent into $558/mo cash flow after a $1,811/mo obligation. Total monthly income equals $2,946/mo, and annual cash flow totals $6,697/yr on $122,655 invested. Return on cash invested prints 25.37% in year one, and rental yield reads 9.55% against a $369,999 entry. Equity gained on principal adds $2,388/yr, while 5% annual appreciation compiles into $102,224 by year five. Five-year ROI reaches 132.5% and total cumulative return in cash sums $162,521. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,946/mo property income covering a $1,811/mo payment, not borrower’s personal income.
Single Family
Built in 2019
9,090 sqft lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73072, Norman, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,203 (100%) |
| Owner Occupied HU | 10,155 (47.9%) |
| Renter Occupied HU | 9,262 (43.7%) |
| Vacant Housing Units | 1,786 ( 8.4%) |
| Median Home Value | $333,766 |
| Average Home Value | $394,286 |
Housing Distribution
Address Breakdown
Residential
20,601
Single Family
16,268
Multi-Family
4,333
Businesses
1,069
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Listed by: Allison Reeves • ROI Real Estate LLC
Mls Name: MLSOK/OKCMAR
Mls Provider:
Mls ID: #1105939
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