18537 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
Rental property for sale in Tulsa at 18537 E 2nd St, Tulsa, OK, 74108 generates $1,200/mo in rent and, after a $907/mo payment, leaves $16/mo in cash flow. Total monthly income is $1,200/mo, and annual cash flow is $197/yr on $61,460 invested. Return on cash invested sits at 20.23% in year one, and rental yield is 7.77% on a $185,400 entry. Equity gained on principal adds $1,196/yr, while 5% annual appreciation builds toward $51,223 over five years. Five-year ROI reaches 104.84% and total cumulative return in cash sums $64,436. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,200/mo property income rather than buyer’s personal income.
Single Family
Built in 1967
7,143 sqft 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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Listed by: Lisa Mullins • Coldwell Banker Select
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #1221801
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.