205 Jason DrNormanOK73071
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Nearby investment properties with comparable prices
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 205 Jason Dr, Norman, OK, 73071 priced at $115,000 converts $1,220/mo rent into $275/mo cash flow after a $563/mo obligation. Total monthly income equals $1,220/mo, and annual cash flow totals $3,306/yr on $38,123 invested. Return on cash invested prints 28.58% in year one, and rental yield reads 12.73% against a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation compiles into $31,772 by year five. Five-year ROI reaches 152.09% and total cumulative return in cash sums $57,981. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,220/mo property income covering a $563/mo payment, not borrower’s personal income.
Townhouse
Built in 1972
3,484 sqft lot
$N/A/sqft
$2,520 annually 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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Listed by: Lauren Huber • Whittington Realty
Mls Name: MLSOK/OKCMAR
Mls Provider:
Mls ID: #1175387
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