Kenneth Bonus Room Plan, Cedar LaneNormanOK73072
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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 Kenneth Bonus Room Plan, Cedar Lane, Norman, OK, 73072 uses $121,989 cash to close to unlock $7,561/yr annual cash flow and $630/mo monthly cash flow. Total monthly income runs $2,980/mo, and a $1,801/mo payment keeps the spread at $630/mo. Purchase price stands at $367,990, and rental yield measures 9.72% with $2,980/mo rent. Return on cash invested shows 26.11% in year one, and 5% annual appreciation builds toward $101,669 over five years. Five-year ROI reaches 136.37% and total cumulative return in cash records $166,354. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,980/mo property income covering a $1,801/mo payment rather than investor’s personal income.
Single Family
Built in 2025
N/A 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
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