3000 Chautauqua Ave APT 137NormanOK73072
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3000 Chautauqua Ave APT 137, Norman, OK, 73072 uses $48,565 cash to close to unlock $4,482/yr annual cash flow and $373/mo monthly cash flow. Total monthly income runs $1,309/mo, and a $717/mo payment keeps the spread at $373/mo. Purchase price stands at $146,500, and rental yield measures 10.72% with $1,309/mo rent. Return on cash invested shows 29.14% in year one, and 5% annual appreciation builds toward $40,475 over five years. Five-year ROI reaches 152.63% and total cumulative return in cash records $74,123. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,309/mo property income covering a $717/mo payment rather than investor’s personal income.
Condo
Built in 1995
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73072, Norman, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,203 (100%) |
| Owner Occupied HU | 10,155 (47.9%) |
| Renter Occupied HU | 9,262 (43.7%) |
| Vacant Housing Units | 1,786 ( 8.4%) |
| Median Home Value | $333,766 |
| Average Home Value | $394,286 |
Housing Distribution
Address Breakdown
Residential
20,601
Single Family
16,268
Multi-Family
4,333
Businesses
1,069
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices