805 Bass CtNormanOK73072
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 805 Bass Ct, Norman, OK, 73072 priced at $229,900 converts $1,909/mo rent into $441/mo cash flow after a $1,125/mo obligation. Total monthly income equals $1,909/mo, and annual cash flow totals $5,293/yr on $76,212 invested. Return on cash invested prints 26.85% in year one, and rental yield reads 9.96% against a $229,900 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,517 by year five. Five-year ROI reaches 140.42% and total cumulative return in cash sums $107,015. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,909/mo property income covering a $1,125/mo payment, not borrower’s personal income.
Single Family
Built in 1983
0.30 Acres lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices