1447 N Elgin AveTulsaOK74106
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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 1447 N Elgin Ave, Tulsa, OK, 74106 uses $92,787 cash to close to unlock $4,518/yr annual cash flow and $376/mo monthly cash flow. Total monthly income runs $2,164/mo, and a $1,370/mo payment keeps the spread at $376/mo. Purchase price stands at $279,900, and rental yield measures 9.28% with $2,164/mo rent. Return on cash invested shows 24.78% in year one, and 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 129.23% and total cumulative return in cash records $119,905. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,164/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Single Family
Built in 1978
9,757 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74106, Tulsa, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,149 (100%) |
| Owner Occupied HU | 3,112 (38.2%) |
| Renter Occupied HU | 3,886 (47.7%) |
| Vacant Housing Units | 1,151 (14.1%) |
| Median Home Value | $156,221 |
| Average Home Value | $222,871 |
Housing Distribution
Address Breakdown
Residential
6,947
Single Family
6,506
Multi-Family
441
Businesses
333
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