711 Westridge TerNormanOK73069
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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
Rental property for sale in Norman at 711 Westridge Ter, Norman, OK, 73069 priced at $249,500 pairs $1,838/mo rent with $245/mo cash flow after a $1,221/mo payment. Total monthly income equals $1,838/mo, and annual cash flow comes to $2,938/yr on $82,709 invested. Return on cash invested is 23.46% in year one, and rental yield stands at 8.84% on a $249,500 basis. Equity gained on principal adds $1,610/yr, and 5% annual appreciation accumulates to $68,932 by year five. Five-year ROI measures 122.14% and total cumulative return in cash reaches $101,025. For financing, Ziffy Mortgage’s DSCR program evaluates $1,838/mo property income against a $1,221/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1973
0.26 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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