3003 River Oaks Dr APT 120NormanOK73072
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 3003 River Oaks Dr APT 120, Norman, OK, 73072 listed at $130,000 pairs $1,022/mo rent with a $636/mo payment. Total monthly income runs $1,022/mo. Return on cash invested measures 15.67% in year one, and rental yield registers 9.43% at a $130,000 basis. Equity gained on principal adds $839/yr, and annual property appreciation at 5% supports $35,917 by year five. Five-year ROI tracks 83.88% and total cumulative return in cash totals $36,147. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,022/mo property income relative to a $636/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1982
2,178 sqft lot
$N/A/sqft
$3,807 annually 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
Listed by: Aimee Wiginton • Crossland Real Estate
Mls Name: MLSOK/OKCMAR
Mls Provider:
Mls ID: #1180824
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. Copyright 2025 MLSOK, Inc. All rights reserved.