1516 Wilderness DrNormanOK73071
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 1516 Wilderness Dr, Norman, OK, 73071 at $205,000 posts ROI 26.41% with $368/mo cash flow from $1,760/mo rent. Total monthly income equals $1,760/mo, and annual cash flow records $4,418/yr on $67,958 to close. Return on cash invested measures 26.41% and rental yield reads 10.3% at the current $205,000. Equity gained on principal adds $1,323/yr, and 5% annual appreciation supports $56,638 by year five. Five-year ROI prints 138.55% and total cumulative return in cash totals $94,158.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,760/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1992
6,969 sqft lot
$N/A/sqft
$240 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Taylor Duncan • Aria Real Estate Group LLC
Mls Name: MLSOK/OKCMAR
Mls Provider:
Mls ID: #1162769
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. Copyright 2025 MLSOK, Inc. All rights reserved.