1899 Saddleback Blvd APT 21NormanOK73072
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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 1899 Saddleback Blvd APT 21, Norman, OK, 73072 generates $2,108/mo in rent and, after a $1,407/mo payment, leaves $272/mo in cash flow. Total monthly income is $2,108/mo, and annual cash flow is $3,266/yr on $95,306 invested. Return on cash invested sits at 23.34% in year one, and rental yield is 8.8% on a $287,500 entry. Equity gained on principal adds $1,855/yr, while 5% annual appreciation builds toward $79,431 over five years. Five-year ROI reaches 121.51% and total cumulative return in cash sums $115,811. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,108/mo property income rather than buyer’s personal income.
Condo
Built in 1983
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73072, Norman, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,203 (100%) |
| Owner Occupied HU | 10,155 (47.9%) |
| Renter Occupied HU | 9,262 (43.7%) |
| Vacant Housing Units | 1,786 ( 8.4%) |
| Median Home Value | $333,766 |
| Average Home Value | $394,286 |
Housing Distribution
Address Breakdown
Residential
20,601
Single Family
16,268
Multi-Family
4,333
Businesses
1,069
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