505 N Norman AveMooreOK73160
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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 Moore at 505 N Norman Ave, Moore, OK, 73160 uses $64,560 cash to close to unlock $6,078/yr annual cash flow and $507/mo monthly cash flow. Total monthly income runs $1,750/mo, and a $953/mo payment keeps the spread at $507/mo. Purchase price stands at $194,750, and rental yield measures 10.78% with $1,750/mo rent. Return on cash invested shows 29.32% in year one, and 5% annual appreciation builds toward $53,806 over five years. Five-year ROI reaches 153.61% and total cumulative return in cash records $99,172. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,750/mo property income covering a $953/mo payment rather than investor’s personal income.
Single Family
Built in 1962
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73160, Oklahoma City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,095 (100%) |
| Owner Occupied HU | 15,288 (58.6%) |
| Renter Occupied HU | 9,546 (36.6%) |
| Vacant Housing Units | 1,261 ( 4.8%) |
| Median Home Value | $222,945 |
| Average Home Value | $269,591 |
Housing Distribution
Address Breakdown
Residential
24,608
Single Family
21,920
Multi-Family
2,688
Businesses
1,599
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