2600 156th Ave SENormanOK73026
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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 2600 156th Ave SE, Norman, OK, 73026 generates $2,806/mo in rent, after a $2,202/mo payment. Total monthly income is $2,806/mo. Return on cash invested sits at 19.37% in year one, and rental yield is 7.48% on a $449,900 entry. Equity gained on principal adds $2,903/yr, while 5% annual appreciation builds toward $124,299 over five years. Five-year ROI reaches 100.2% and total cumulative return in cash sums $149,434. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,806/mo property income rather than buyer’s personal income.
Home Type Unknown
Built in 2017
12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73026, Norman, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,194 (100%) |
| Owner Occupied HU | 4,270 (82.2%) |
| Renter Occupied HU | 547 (10.5%) |
| Vacant Housing Units | 377 ( 7.3%) |
| Median Home Value | $310,137 |
| Average Home Value | $362,038 |
Housing Distribution
Address Breakdown
Residential
4,938
Single Family
4,907
Multi-Family
31
Businesses
71
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