1803 Crestmont StNormanOK73069
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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 1803 Crestmont St, Norman, OK, 73069 offers a 8.19% rental yield on a $315,000 purchase with $2,151/mo rent. Total monthly income registers $2,151/mo, and a $1,542/mo payment leaves $139/mo available for distribution. Annual cash flow reaches $1,669/yr on $104,423 to close, and return on cash invested stands at 21.51% in year one. Equity gained on principal adds $2,033/yr while 5% annual appreciation supports $87,029 over five years. Portfolio math shows five-year ROI at 111.71% and total cumulative return in cash at $116,645. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,151/mo property income against a $1,542/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73069, Norman, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,463 (100%) |
| Owner Occupied HU | 5,435 (40.4%) |
| Renter Occupied HU | 6,471 (48.1%) |
| Vacant Housing Units | 1,557 (11.6%) |
| Median Home Value | $241,841 |
| Average Home Value | $295,971 |
Housing Distribution
Address Breakdown
Residential
12,796
Single Family
12,065
Multi-Family
731
Businesses
1,977
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