2200 Classen Blvd APT 3126NormanOK73071
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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 2200 Classen Blvd APT 3126, Norman, OK, 73071 listed at $140,000 pairs $1,062/mo rent with a $685/mo payment to leave $24/mo cash flow. Total monthly income runs $1,062/mo, and annual cash flow reaches $285/yr on $46,410 cash to close. Return on cash invested measures 20.52% in year one, and rental yield registers 9.1% at a $140,000 basis. Equity gained on principal adds $903/yr, and annual property appreciation at 5% supports $38,679 by year five. Five-year ROI tracks 107.77% and total cumulative return in cash totals $50,014. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,062/mo property income relative to a $685/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2006
2,278 sqft lot
$N/A/sqft
$128 monthly 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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