2124 N Norfolk AveTulsaOK74106
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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 2124 N Norfolk Ave, Tulsa, OK, 74106 uses $74,588 cash to close to unlock $2,848/yr annual cash flow and $237/mo monthly cash flow. Total monthly income runs $1,674/mo, and a $1,101/mo payment keeps the spread at $237/mo. Purchase price stands at $225,000, and rental yield measures 8.93% with $1,674/mo rent. Return on cash invested shows 23.73% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 123.62% and total cumulative return in cash records $92,205. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,674/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 2001
10,236 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74106, Tulsa, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,149 (100%) |
| Owner Occupied HU | 3,112 (38.2%) |
| Renter Occupied HU | 3,886 (47.7%) |
| Vacant Housing Units | 1,151 (14.1%) |
| Median Home Value | $156,221 |
| Average Home Value | $222,871 |
Housing Distribution
Address Breakdown
Residential
6,947
Single Family
6,506
Multi-Family
441
Businesses
333
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