414 S Lahoma AveNormanOK73069
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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
Total monthly income runs $1,787/mo, and a $1,713/mo payment. Purchase price stands at $350,000, and rental yield measures 6.13% with $1,787/mo rent. Return on cash invested shows 15.27% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 78.24% and total cumulative return in cash records $90,782. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,787/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1930
0.29 Acres 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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