228 Millbury RdNormanOK73071
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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
Total monthly income runs $3,750/mo, and a $3,524/mo payment. Purchase price stands at $719,900, and rental yield measures 6.25% with $3,750/mo rent. Return on cash invested shows 15.76% in year one, and 5% annual appreciation builds toward $198,895 over five years. Five-year ROI reaches 80.86% and total cumulative return in cash records $191,507. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,750/mo property income covering a $3,524/mo payment rather than investor’s personal income.
Single Family
Built in 2005
0.40 Acres 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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