114 S Boulder Ave #6TulsaOK74103
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 114 S Boulder Ave #6, Tulsa, OK, 74103 in Tulsa at $224,900 earns $1,781/mo in rent and nets $195/mo after the $1,011/mo payment, a 9.5% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $62,136 over five years. Ziffy Mortgage underwrites this on a 1.76 DSCR without U.S. credit history. With $2,071/yr in principal paydown, total projected return reaches $98,703.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 7.2% |
| Monthly Cash Flow | $195 | $450 |
City averages based on Tulsa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,781 |
| Total Monthly Debt Service | $1,497 |
| DSCR Ratio | 1.19x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 2014
696.96 sqft lot
$N/A/sqft
$150 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74103, Tulsa, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,168 (100%) |
| Owner Occupied HU | 47 ( 4.0%) |
| Renter Occupied HU | 893 (76.5%) |
| Vacant Housing Units | 228 (19.5%) |
| Median Home Value | $430,000 |
| Average Home Value | $513,032 |
Housing Distribution
Address Breakdown
Residential
894
Single Family
471
Multi-Family
423
Businesses
693
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 2014
696.96 sqft lot
$N/A/sqft
$150 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74103, Tulsa, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,168 (100%) |
| Owner Occupied HU | 47 ( 4.0%) |
| Renter Occupied HU | 893 (76.5%) |
| Vacant Housing Units | 228 (19.5%) |
| Median Home Value | $430,000 |
| Average Home Value | $513,032 |
Housing Distribution
Address Breakdown
Residential
894
Single Family
471
Multi-Family
423
Businesses
693
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephen Brocks • MORE Agency
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2503317
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.