2241 S Florence AveTulsaOK74114
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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 2241 S Florence Ave, Tulsa, OK, 74114 priced at $200,000 pairs $1,645/mo rent with $318/mo cash flow after a $979/mo payment. Total monthly income equals $1,645/mo, and annual cash flow comes to $3,818/yr on $66,300 invested. Return on cash invested is 25.67% in year one, and rental yield stands at 9.87% on a $200,000 basis. Equity gained on principal adds $1,291/yr, and 5% annual appreciation accumulates to $55,256 by year five. Five-year ROI measures 134.38% and total cumulative return in cash reaches $89,096. For financing, Ziffy Mortgage’s DSCR program evaluates $1,645/mo property income against a $979/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1942
7,492 sqft lot
$N/A/sqft
$20 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74114, Tulsa, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,453 (100%) |
| Owner Occupied HU | 5,499 (65.1%) |
| Renter Occupied HU | 2,218 (26.2%) |
| Vacant Housing Units | 736 ( 8.7%) |
| Median Home Value | $310,439 |
| Average Home Value | $470,265 |
Housing Distribution
Address Breakdown
Residential
7,551
Single Family
6,906
Multi-Family
645
Businesses
400
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Listed by: Paul A Wheeler • Accent
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2512550
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.