401 E Boyd St SUITE 400NormanOK73069
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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 401 E Boyd St SUITE 400, Norman, OK, 73069 listed at $460,000 pairs $1,235/mo rent with a $2,251/mo payment. Total monthly income runs $1,235/mo. Return on cash invested measures 6.51% in year one, and rental yield registers 3.22% at a $460,000 basis. Equity gained on principal adds $2,968/yr, and annual property appreciation at 5% supports $127,090 by year five. Five-year ROI tracks 31.26% and total cumulative return in cash totals $47,665. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,235/mo property income relative to a $2,251/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2011
1,894 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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