1616 S 151st East AveTulsaOK74108
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 1616 S 151st East Ave, Tulsa, OK, 74108 in Tulsa. Rental yield 2.3%. At $625,000 with 2.3% gross yield, current distributions are modest, but the 5% appreciation rate projects $172,676 in new equity by year five, complemented by $5,239/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.40) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $46,133.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.3% | 7.2% |
| Monthly Cash Flow | $(2,791) | $450 |
City averages based on Tulsa market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,200 |
| Total Monthly Debt Service | $3,895 |
| DSCR Ratio | 0.31x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1975
4.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74108, Tulsa, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,010 (100%) |
| Owner Occupied HU | 1,544 (51.3%) |
| Renter Occupied HU | 1,269 (42.2%) |
| Vacant Housing Units | 197 ( 6.5%) |
| Median Home Value | $189,286 |
| Average Home Value | $235,005 |
Housing Distribution
Address Breakdown
Residential
2,839
Single Family
2,839
Multi-Family
0
Businesses
120
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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
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