818 E Mockingbird LnNormanOK73071
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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 818 E Mockingbird Ln, Norman, OK, 73071 with 5% annual appreciation on a $515,000 basis while $3,511/mo rent supports operations. Total monthly income totals $3,511/mo and a $2,521/mo payment preserves $222/mo for cash returns. Annual cash flow comes to $2,661/yr on $169,435 deployed, and return on cash invested reaches 21.63% in year one. Equity gained on principal adds $3,323/yr, and five-year appreciation sums $142,285 alongside rental yield of 8.18%. Five-year ROI measures 112.31% and total cumulative return in cash totals $190,285.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,511/mo property income versus a $2,521/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1965
0.44 Acres 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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