17500 E Cedar Lane 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
Investment property for sale in Norman at 17500 E Cedar Lane Rd, Norman, OK, 73026 uses $46,079 cash to close to unlock $3,752/yr annual cash flow and $313/mo monthly cash flow. Total monthly income runs $1,200/mo, and a $680/mo payment keeps the spread at $313/mo. Purchase price stands at $139,000, and rental yield measures 10.36% with $1,200/mo rent. Return on cash invested shows 28.05% in year one, and 5% annual appreciation builds toward $38,403 over five years. Five-year ROI reaches 146.77% and total cumulative return in cash records $67,628. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,200/mo property income covering a $680/mo payment rather than investor’s personal income.
Manufactured
Built in 2013
2.50 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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Listed by: Stephanie Pfeifer • McGraw Davisson Stewart LLC
Mls Name: MLSOK/OKCMAR
Mls Provider:
Mls ID: #1175214
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