Pendleton Plan, Red Canyon RanchNormanOK73071
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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 Pendleton Plan, Red Canyon Ranch, Norman, OK, 73071 offers a 9.1% rental yield on a $422,128 purchase with $3,200/mo rent. Total monthly income registers $3,200/mo, and a $2,066/mo payment leaves $504/mo available for distribution. Annual cash flow reaches $6,052/yr on $139,935 to close, and return on cash invested stands at 24.23% in year one. Equity gained on principal adds $2,724/yr while 5% annual appreciation supports $116,626 over five years. Portfolio math shows five-year ROI at 126.31% and total cumulative return in cash at $176,751. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,200/mo property income against a $2,066/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A 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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