1538 S Owasso AveTulsaOK74120
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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 1538 S Owasso Ave, Tulsa, OK, 74120 priced at $663,000 pairs $4,619/mo rent with $357/mo cash flow after a $3,245/mo payment. Total monthly income equals $4,619/mo, and annual cash flow comes to $4,289/yr on $218,127 invested. Return on cash invested is 22.03% in year one, and rental yield stands at 8.36% on a $663,000 basis. Equity gained on principal adds $4,278/yr, and 5% annual appreciation accumulates to $183,175 by year five. Five-year ROI measures 114.49% and total cumulative return in cash reaches $249,723. For financing, Ziffy Mortgage’s DSCR program evaluates $4,619/mo property income against a $3,245/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1918
7,492 sqft 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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Listed by: Taylor Bush • Anthem Realty
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2502765
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.