29780 E Ridge RdNormanOK73069
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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 29780 E Ridge Rd, Norman, OK, 73069 earns $550/mo cash flow from $4,716/mo rent with a $3,193/mo payment. Total monthly income totals $4,716/mo, and annual cash flow totals $6,598/yr on $214,640 capital. ROI tracks 23.13% on current figures, and rental yield reads 8.67% at a $652,400 purchase. Equity gained on principal adds $4,210/yr, and 5% annual appreciation supports $180,246 over five years. Five-year ROI reaches 120.36% and total cumulative return in cash sums $258,347. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,716/mo property income instead of your personal income.
Single Family
Built in 2025
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73069, Norman, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,463 (100%) |
| Owner Occupied HU | 5,435 (40.4%) |
| Renter Occupied HU | 6,471 (48.1%) |
| Vacant Housing Units | 1,557 (11.6%) |
| Median Home Value | $241,841 |
| Average Home Value | $295,971 |
Housing Distribution
Address Breakdown
Residential
12,796
Single Family
12,065
Multi-Family
731
Businesses
1,977
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