11938 E 16th PlTulsaOK74128
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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 11938 E 16th Pl, Tulsa, OK, 74128 uses $46,377 cash to close to unlock $2,536/yr annual cash flow and $211/mo monthly cash flow. Total monthly income runs $1,105/mo, and a $685/mo payment keeps the spread at $211/mo. Purchase price stands at $139,900, and rental yield measures 9.48% with $1,105/mo rent. Return on cash invested shows 25.38% in year one, and 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 132.51% and total cumulative return in cash records $61,455. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,105/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1968
7,927 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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