16606 E 2nd StTulsaOK74108
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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 16606 E 2nd St, Tulsa, OK, 74108 uses $56,024 cash to close to unlock $2,471/yr annual cash flow and $206/mo monthly cash flow. Total monthly income runs $1,285/mo, and a $827/mo payment keeps the spread at $206/mo. Purchase price stands at $169,000, and rental yield measures 9.12% with $1,285/mo rent. Return on cash invested shows 24.32% in year one, and 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 126.77% and total cumulative return in cash records $71,023. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,285/mo property income covering a $827/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A 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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