306 E Hughbert StNormanOK73069
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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 306 E Hughbert St, Norman, OK, 73069 priced at $355,000 pairs $3,133/mo rent with $865/mo cash flow after a $1,738/mo payment. Total monthly income equals $3,133/mo, and annual cash flow comes to $10,386/yr on $117,683 invested. Return on cash invested is 28.73% in year one, and rental yield stands at 10.59% on a $355,000 basis. Equity gained on principal adds $2,291/yr, and 5% annual appreciation accumulates to $98,080 by year five. Five-year ROI measures 150.45% and total cumulative return in cash reaches $177,048. For financing, Ziffy Mortgage’s DSCR program evaluates $3,133/mo property income against a $1,738/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1938
6,969 sqft 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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