1824 S 119th East AveTulsaOK74128
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1824 S 119th East Ave, Tulsa, OK, 74128 in Tulsa speaks for itself: 11.26% gross on a $185,000 price, generating $1,735/mo in rent and $554/mo in net income after the $832/mo debt service. DSCR 2.09, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $6,645 stacks alongside $51,112 in projected five-year appreciation and $1,704/yr in principal reduction. Projected total cumulative return: $105,989.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.3% | 7.2% |
| Monthly Cash Flow | $554 | $450 |
City averages based on Tulsa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,735 |
| Total Monthly Debt Service | $1,108 |
| DSCR Ratio | 1.57x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1969
7,056 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74128, Tulsa, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,171 (100%) |
| Owner Occupied HU | 2,656 (51.4%) |
| Renter Occupied HU | 1,973 (38.2%) |
| Vacant Housing Units | 542 (10.5%) |
| Median Home Value | $124,712 |
| Average Home Value | $232,693 |
Housing Distribution
Address Breakdown
Residential
4,858
Single Family
4,742
Multi-Family
116
Businesses
333
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1969
7,056 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74128, Tulsa, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,171 (100%) |
| Owner Occupied HU | 2,656 (51.4%) |
| Renter Occupied HU | 1,973 (38.2%) |
| Vacant Housing Units | 542 (10.5%) |
| Median Home Value | $124,712 |
| Average Home Value | $232,693 |
Housing Distribution
Address Breakdown
Residential
4,858
Single Family
4,742
Multi-Family
116
Businesses
333
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices