1509 E 68th PlTulsaOK74136
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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
Rental property for sale in Tulsa at 1509 E 68th Pl, Tulsa, OK, 74136 generates $1,706/mo in rent and, after a $1,098/mo payment, leaves $263/mo in cash flow. Total monthly income is $1,706/mo, and annual cash flow is $3,158/yr on $74,382 invested. Return on cash invested sits at 24.16% in year one, and rental yield is 9.12% on a $224,380 entry. Equity gained on principal adds $1,448/yr, while 5% annual appreciation builds toward $61,992 over five years. Five-year ROI reaches 125.99% and total cumulative return in cash sums $93,714. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,706/mo property income rather than buyer’s personal income.
Single Family
Built in 1981
6,621 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74136, Tulsa, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,833 (100%) |
| Owner Occupied HU | 5,021 (29.8%) |
| Renter Occupied HU | 10,128 (60.2%) |
| Vacant Housing Units | 1,684 (10.0%) |
| Median Home Value | $313,778 |
| Average Home Value | $372,017 |
Housing Distribution
Address Breakdown
Residential
15,842
Single Family
10,313
Multi-Family
5,529
Businesses
1,092
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Listed by: Brooke Kelly • Renew Realty Group
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2510929
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.