16128 E Newton PlTulsaOK74116
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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 16128 E Newton Pl, Tulsa, OK, 74116 uses $79,229 cash to close to unlock $1,134/yr annual cash flow and $94/mo monthly cash flow. Total monthly income runs $1,621/mo, and a $1,170/mo payment keeps the spread at $94/mo. Purchase price stands at $239,000, and rental yield measures 8.14% with $1,621/mo rent. Return on cash invested shows 21.34% in year one, and 5% annual appreciation builds toward $66,031 over five years. Five-year ROI reaches 110.79% and total cumulative return in cash records $87,780. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,621/mo property income covering a $1,170/mo payment rather than investor’s personal income.
Single Family
Built in 2019
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74116, Tulsa, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,010 (100%) |
| Owner Occupied HU | 745 (37.1%) |
| Renter Occupied HU | 919 (45.7%) |
| Vacant Housing Units | 346 (17.2%) |
| Median Home Value | $222,904 |
| Average Home Value | $305,732 |
Housing Distribution
Address Breakdown
Residential
1,761
Single Family
1,761
Multi-Family
0
Businesses
620
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