2648 E 2nd StTulsaOK74104
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
Investment Highlights
Rental property for sale in Tulsa at 2648 E 2nd St, Tulsa, OK, 74104 generates $1,826/mo in rent and, after a $1,297/mo payment, leaves $134/mo in cash flow. Total monthly income is $1,826/mo, and annual cash flow is $1,605/yr on $87,848 invested. Return on cash invested sits at 21.74% in year one, and rental yield is 8.27% on a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 112.9% and total cumulative return in cash sums $99,183. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,826/mo property income rather than buyer’s personal income.
Single Family
Built in 1948
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74104, Tulsa, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,251 (100%) |
| Owner Occupied HU | 2,514 (40.2%) |
| Renter Occupied HU | 2,794 (44.7%) |
| Vacant Housing Units | 943 (15.1%) |
| Median Home Value | $282,422 |
| Average Home Value | $339,754 |
Housing Distribution
Address Breakdown
Residential
5,785
Single Family
5,110
Multi-Family
675
Businesses
737
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices