15818 Nelson 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
Rental property for sale in Norman at 15818 Nelson Rd, Norman, OK, 73026 generates $2,346/mo in rent and, after a $1,658/mo payment, leaves $183/mo in cash flow. Total monthly income is $2,346/mo, and annual cash flow is $2,193/yr on $112,279 invested. Return on cash invested sits at 21.86% in year one, and rental yield is 8.31% on a $338,700 entry. Equity gained on principal adds $2,186/yr, while 5% annual appreciation builds toward $93,577 over five years. Five-year ROI reaches 113.57% and total cumulative return in cash sums $127,518. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,346/mo property income rather than buyer’s personal income.
Single Family
Built in 1988
9.56 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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