515 Alameda StNormanOK73071
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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 515 Alameda St, Norman, OK, 73071 at $1,750,000 posts ROI -0.9% with from $1,124/mo rent. Total monthly income equals $1,124/mo. Return on cash invested measures -0.9% and rental yield reads 0.77% at the current $1,750,000. Equity gained on principal adds $11,292/yr, and 5% annual appreciation supports $483,493 by year five. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,124/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1973
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73071, Norman, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,985 (100%) |
| Owner Occupied HU | 8,126 (40.7%) |
| Renter Occupied HU | 10,330 (51.7%) |
| Vacant Housing Units | 1,529 ( 7.7%) |
| Median Home Value | $244,303 |
| Average Home Value | $298,263 |
Housing Distribution
Address Breakdown
Residential
19,765
Single Family
15,759
Multi-Family
4,006
Businesses
614
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