1123 S Newport AveTulsaOK74120
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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 Tulsa at 1123 S Newport Ave, Tulsa, OK, 74120 listed at $115,000 pairs $1,636/mo rent with a $563/mo payment to leave $893/mo cash flow. Total monthly income runs $1,636/mo, and annual cash flow reaches $10,719/yr on $38,123 cash to close. Return on cash invested measures 48.03% in year one, and rental yield registers 17.07% at a $115,000 basis. Equity gained on principal adds $742/yr, and annual property appreciation at 5% supports $31,772 by year five. Five-year ROI tracks 254.08% and total cumulative return in cash totals $96,861. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,636/mo property income relative to a $563/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1930
7,492 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74120, Tulsa, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,491 (100%) |
| Owner Occupied HU | 737 (21.1%) |
| Renter Occupied HU | 2,113 (60.5%) |
| Vacant Housing Units | 641 (18.4%) |
| Median Home Value | $390,549 |
| Average Home Value | $434,274 |
Housing Distribution
Address Breakdown
Residential
2,914
Single Family
2,034
Multi-Family
880
Businesses
663
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Listed by: Lewanna Shaw • McGraw, REALTORS
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2532223
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.