Maverick Plan, The Springs at Flint HillsNorrmanOK73069
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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 Norrman at Maverick Plan, The Springs at Flint Hills, Norrman, OK, 73069 generates $2,911/mo in rent and, after a $1,958/mo payment, leaves $174/mo in cash flow. Total monthly income is $2,911/mo, and annual cash flow is $2,092/yr on $132,600 invested. Return on cash invested sits at 21.49% in year one, and rental yield is 8.73% on a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 112.17% and total cumulative return in cash sums $148,732. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,911/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
$182 monthly 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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