517 Laws DrNormanOK73072
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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 517 Laws Dr, Norman, OK, 73072 listed at $323,650 pairs $2,489/mo rent with a $1,584/mo payment to leave $353/mo cash flow. Total monthly income runs $2,489/mo, and annual cash flow reaches $4,238/yr on $107,290 cash to close. Return on cash invested measures 23.86% in year one, and rental yield registers 9.23% at a $323,650 basis. Equity gained on principal adds $2,088/yr, and annual property appreciation at 5% supports $89,419 by year five. Five-year ROI tracks 124.59% and total cumulative return in cash totals $133,677. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,489/mo property income relative to a $1,584/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1993
8,712 sqft lot
$N/A/sqft
$350 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73072, Norman, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,203 (100%) |
| Owner Occupied HU | 10,155 (47.9%) |
| Renter Occupied HU | 9,262 (43.7%) |
| Vacant Housing Units | 1,786 ( 8.4%) |
| Median Home Value | $333,766 |
| Average Home Value | $394,286 |
Housing Distribution
Address Breakdown
Residential
20,601
Single Family
16,268
Multi-Family
4,333
Businesses
1,069
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Listed by: Ariel Derrick • Metro Brokers of Oklahoma
Mls Name: MLSOK/OKCMAR
Mls Provider:
Mls ID: #1167673
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