2306 E 48th St NTulsaOK74130
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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 2306 E 48th St N, Tulsa, OK, 74130 offers a 11.7% rental yield on a $185,000 purchase with $1,804/mo rent. Total monthly income registers $1,804/mo, and a $905/mo payment leaves $623/mo available for distribution. Annual cash flow reaches $7,476/yr on $61,328 to close, and return on cash invested stands at 32.1% in year one. Equity gained on principal adds $1,194/yr while 5% annual appreciation supports $51,112 over five years. Portfolio math shows five-year ROI at 168.54% and total cumulative return in cash at $103,359. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,804/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74130, Tulsa, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 916 (100%) |
| Owner Occupied HU | 479 (52.3%) |
| Renter Occupied HU | 302 (33.0%) |
| Vacant Housing Units | 135 (14.7%) |
| Median Home Value | $70,167 |
| Average Home Value | $139,108 |
Housing Distribution
Address Breakdown
Residential
960
Single Family
960
Multi-Family
0
Businesses
21
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Listed by: Patty Contreras • Shyft Real Estate LLC
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2542112
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.