2441 S Norwood 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
Investment property for sale in Tulsa at 2441 S Norwood Ave, Tulsa, OK, 74114 offers a 7.98% rental yield on a $288,000 purchase with $1,914/mo rent. Total monthly income registers $1,914/mo, and a $1,410/mo payment leaves $74/mo available for distribution. Annual cash flow reaches $893/yr on $95,472 to close, and return on cash invested stands at 20.84% in year one. Equity gained on principal adds $1,858/yr while 5% annual appreciation supports $79,569 over five years. Portfolio math shows five-year ROI at 108.13% and total cumulative return in cash at $103,236. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,914/mo property income against a $1,410/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
7,623 sqft lot
$N/A/sqft
No 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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