244 S 120th East AveTulsaOK74128
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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 244 S 120th East Ave, Tulsa, OK, 74128 offers a 9.45% rental yield on a $198,000 purchase with $1,560/mo rent. Total monthly income registers $1,560/mo, and a $969/mo payment leaves $296/mo available for distribution. Annual cash flow reaches $3,548/yr on $65,637 to close, and return on cash invested stands at 25.31% in year one. Equity gained on principal adds $1,278/yr while 5% annual appreciation supports $54,704 over five years. Portfolio math shows five-year ROI at 132.11% and total cumulative return in cash at $86,716. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,560/mo property income against a $969/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74128, Tulsa, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,171 (100%) |
| Owner Occupied HU | 2,656 (51.4%) |
| Renter Occupied HU | 1,973 (38.2%) |
| Vacant Housing Units | 542 (10.5%) |
| Median Home Value | $124,712 |
| Average Home Value | $232,693 |
Housing Distribution
Address Breakdown
Residential
4,858
Single Family
4,742
Multi-Family
116
Businesses
333
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