217 Jason DrNormanOK73071
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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 217 Jason Dr, Norman, OK, 73071 uses $35,471 cash to close to unlock $6,884/yr annual cash flow and $574/mo monthly cash flow. Total monthly income runs $1,493/mo, and a $524/mo payment keeps the spread at $574/mo. Purchase price stands at $107,000, and rental yield measures 16.74% with $1,493/mo rent. Return on cash invested shows 39.32% in year one, and 5% annual appreciation builds toward $29,562 over five years. Five-year ROI reaches 210.07% and total cumulative return in cash records $74,514. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,493/mo property income covering a $524/mo payment rather than investor’s personal income.
Townhouse
Built in 1972
871.20 sqft lot
$N/A/sqft
$2,316 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: Neelon Greenwood • 828 Real Estate LLC
Mls Name: MLSOK/OKCMAR
Mls Provider:
Mls ID: #1180241
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-19 21:42:46 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#88)