1806 23rd St SENormanOK73071
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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 1806 23rd St SE, Norman, OK, 73071 earns $207/mo cash flow from $1,140/mo rent with a $715/mo payment. Total monthly income totals $1,140/mo, and annual cash flow totals $2,487/yr on $48,399 capital. ROI tracks 25.05% on current figures, and rental yield reads 9.37% at a $146,000 purchase. Equity gained on principal adds $942/yr, and 5% annual appreciation supports $40,337 over five years. Five-year ROI reaches 130.73% and total cumulative return in cash sums $63,274. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,140/mo property income instead of your personal income.
Multi Family
Built in 1983
4,791 sqft lot
$N/A/sqft
No 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
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