3601 E Charles David DrNormanOK73026
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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 3601 E Charles David Dr, Norman, OK, 73026 uses $37,327 cash to close to unlock $2,112/yr annual cash flow and $176/mo monthly cash flow. Total monthly income runs $895/mo, and a $551/mo payment keeps the spread at $176/mo. Purchase price stands at $112,600, and rental yield measures 9.54% with $895/mo rent. Return on cash invested shows 25.57% in year one, and 5% annual appreciation builds toward $31,109 over five years. Five-year ROI reaches 133.58% and total cumulative return in cash records $49,860. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $895/mo property income covering a $551/mo payment rather than investor’s personal income.
Single Family
Built in 1981
2.50 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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