1640 S 89th East AveTulsaOK74112
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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 1640 S 89th East Ave, Tulsa, OK, 74112 offers a 6.43% rental yield on a $440,000 purchase with $2,358/mo rent. 19% in year one. Equity gained on principal adds $2,839/yr while 5% annual appreciation supports $121,564 over five years. Portfolio math shows five-year ROI at 83.15% and total cumulative return in cash at $121,282. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,358/mo property income against a $2,154/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1946
1.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74112, Tulsa, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,893 (100%) |
| Owner Occupied HU | 4,841 (44.4%) |
| Renter Occupied HU | 4,936 (45.3%) |
| Vacant Housing Units | 1,116 (10.2%) |
| Median Home Value | $173,354 |
| Average Home Value | $207,302 |
Housing Distribution
Address Breakdown
Residential
10,152
Single Family
9,244
Multi-Family
908
Businesses
833
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