2962 E 56th CtTulsaOK74105
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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 2962 E 56th Ct, Tulsa, OK, 74105 uses $188,517 cash to close to unlock $11,303/yr annual cash flow and $942/mo monthly cash flow. Total monthly income runs $4,637/mo, and a $2,805/mo payment keeps the spread at $942/mo. Purchase price stands at $573,000, and rental yield measures 9.71% with $4,637/mo rent. Return on cash invested shows 26.06% in year one, and 5% annual appreciation builds toward $158,309 over five years. Five-year ROI reaches 136.1% and total cumulative return in cash records $256,579. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,637/mo property income covering a $2,805/mo payment rather than investor’s personal income.
Single Family
Built in 1966
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74105, Tulsa, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,306 (100%) |
| Owner Occupied HU | 6,877 (44.9%) |
| Renter Occupied HU | 6,922 (45.2%) |
| Vacant Housing Units | 1,507 ( 9.8%) |
| Median Home Value | $356,096 |
| Average Home Value | $435,256 |
Housing Distribution
Address Breakdown
Residential
13,989
Single Family
12,033
Multi-Family
1,956
Businesses
932
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