2240 E 32nd St NTulsaOK74110
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
Investment Highlights
Investment property for sale in Tulsa at 2240 E 32nd St N, Tulsa, OK, 74110 uses $46,410 cash to close to unlock $2,066/yr annual cash flow and $172/mo monthly cash flow. Total monthly income runs $1,066/mo, and a $685/mo payment keeps the spread at $172/mo. Purchase price stands at $140,000, and rental yield measures 9.14% with $1,066/mo rent. Return on cash invested shows 24.36% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 127.06% and total cumulative return in cash records $58,966. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,066/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1950
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74110, Tulsa, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,219 (100%) |
| Owner Occupied HU | 2,399 (38.6%) |
| Renter Occupied HU | 2,996 (48.2%) |
| Vacant Housing Units | 824 (13.2%) |
| Median Home Value | $73,477 |
| Average Home Value | $187,708 |
Housing Distribution
Address Breakdown
Residential
5,596
Single Family
5,497
Multi-Family
99
Businesses
435
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices