11638 E 15th StTulsaOK74128
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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 11638 E 15th St, Tulsa, OK, 74128 offers a 8.67% rental yield on a $240,000 purchase with $1,735/mo rent. Total monthly income registers $1,735/mo, and a $1,175/mo payment leaves $202/mo available for distribution. Annual cash flow reaches $2,424/yr on $79,560 to close, and return on cash invested stands at 22.96% in year one. Equity gained on principal adds $1,549/yr while 5% annual appreciation supports $66,308 over five years. Portfolio math shows five-year ROI at 119.44% and total cumulative return in cash at $95,030. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,735/mo property income against a $1,175/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
8,015 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74128, Tulsa, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,171 (100%) |
| Owner Occupied HU | 2,656 (51.4%) |
| Renter Occupied HU | 1,973 (38.2%) |
| Vacant Housing Units | 542 (10.5%) |
| Median Home Value | $124,712 |
| Average Home Value | $232,693 |
Housing Distribution
Address Breakdown
Residential
4,858
Single Family
4,742
Multi-Family
116
Businesses
333
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Listed by: Carri Ray • Trinity Properties
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2540805
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.