848 Cardinal Creek Blvd APT BNormanOK73072
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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 848 Cardinal Creek Blvd APT B, Norman, OK, 73072 with 5% annual appreciation on a $120,000 basis while $1,018/mo rent supports operations. 2% in year one. Equity gained on principal adds $774/yr, and five-year appreciation sums $33,154 alongside rental yield of 10.18%. Five-year ROI measures 97.42% and total cumulative return in cash totals $38,755. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,018/mo property income versus a $587/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1972
2,613 sqft lot
$N/A/sqft
$3,600 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: Allison Tran • Oklahoma Realty & Management
Mls Name: MLSOK/OKCMAR
Mls Provider:
Mls ID: #1164159
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