232 S 69th East AveTulsaOK74112
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 232 S 69th East Ave, Tulsa, OK, 74112 in Tulsa worth modelling. At $145,000 with a 9.04% gross yield, the $1,092/mo rent leaves $166/mo after the $652/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.67 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $40,061 by year five; $1,335/yr in principal reduction adds further equity. Total projected return: $65,806.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 7.2% |
| Monthly Cash Flow | $166 | $450 |
City averages based on Tulsa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,092 |
| Total Monthly Debt Service | $868 |
| DSCR Ratio | 1.26x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1942
10,410 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74112, Tulsa, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,893 (100%) |
| Owner Occupied HU | 4,841 (44.4%) |
| Renter Occupied HU | 4,936 (45.3%) |
| Vacant Housing Units | 1,116 (10.2%) |
| Median Home Value | $173,354 |
| Average Home Value | $207,302 |
Housing Distribution
Address Breakdown
Residential
10,152
Single Family
9,244
Multi-Family
908
Businesses
833
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
Single Family
Built in 1942
10,410 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74112, Tulsa, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,893 (100%) |
| Owner Occupied HU | 4,841 (44.4%) |
| Renter Occupied HU | 4,936 (45.3%) |
| Vacant Housing Units | 1,116 (10.2%) |
| Median Home Value | $173,354 |
| Average Home Value | $207,302 |
Housing Distribution
Address Breakdown
Residential
10,152
Single Family
9,244
Multi-Family
908
Businesses
833
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices