1308 E 16th StTulsaOK74120
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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 1308 E 16th St, Tulsa, OK, 74120 listed at $490,900 pairs $2,809/mo rent with a $2,403/mo payment. Total monthly income runs $2,809/mo. Return on cash invested measures 17.5% in year one, and rental yield registers 6.87% at a $490,900 basis. Equity gained on principal adds $3,168/yr, and annual property appreciation at 5% supports $135,627 by year five. Five-year ROI tracks 90.19% and total cumulative return in cash totals $146,767. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,809/mo property income relative to a $2,403/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Home Type Unknown
Built in N/A
N/A 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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