1037 E 57th Pl UNIT 4TulsaOK74105
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeMost investment properties struggle to clear the 1.25x DSCR minimum. 1037 E 57th Pl UNIT 4, Tulsa, OK, 74105 in Tulsa clears it at 1.79, a meaningful distinction for the Ziffy Mortgage DSCR approval process. Rental yield 9.63%. Strong coverage makes approval clean and leaves room for vacancy without breaching underwriting thresholds. Five-year appreciation: $32,878; $1,096/yr in principal equity; total projected return: $36,269.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 7.2% |
| Monthly Cash Flow | $(163) | $450 |
City averages based on Tulsa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $955 |
| Total Monthly Debt Service | $1,071 |
| DSCR Ratio | 0.89x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1983
3,049 sqft lot
$N/A/sqft
$340 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74105, Tulsa, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,306 (100%) |
| Owner Occupied HU | 6,877 (44.9%) |
| Renter Occupied HU | 6,922 (45.2%) |
| Vacant Housing Units | 1,507 ( 9.8%) |
| Median Home Value | $356,096 |
| Average Home Value | $435,256 |
Housing Distribution
Address Breakdown
Residential
13,989
Single Family
12,033
Multi-Family
1,956
Businesses
932
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1983
3,049 sqft lot
$N/A/sqft
$340 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74105, Tulsa, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,306 (100%) |
| Owner Occupied HU | 6,877 (44.9%) |
| Renter Occupied HU | 6,922 (45.2%) |
| Vacant Housing Units | 1,507 ( 9.8%) |
| Median Home Value | $356,096 |
| Average Home Value | $435,256 |
Housing Distribution
Address Breakdown
Residential
13,989
Single Family
12,033
Multi-Family
1,956
Businesses
932
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jenna Householder • Epique Realty
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2506747
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.