3041 W 56th PlTulsaOK74107
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 3041 W 56th Pl, Tulsa, OK, 74107 in Tulsa: $1,723/mo in rent, $618/mo net, 11.95% gross yield, all on a $173,000 acquisition. The 2.21 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $47,797 in value, and $1,593/yr in principal paydown steadily builds equity. Projected total cumulative return: $105,517.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12% | 7.2% |
| Monthly Cash Flow | $618 | $450 |
City averages based on Tulsa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,723 |
| Total Monthly Debt Service | $1,036 |
| DSCR Ratio | 1.66x |
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 1972
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74107, Tulsa, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,996 (100%) |
| Owner Occupied HU | 3,902 (43.4%) |
| Renter Occupied HU | 4,276 (47.5%) |
| Vacant Housing Units | 818 ( 9.1%) |
| Median Home Value | $180,344 |
| Average Home Value | $240,766 |
Housing Distribution
Address Breakdown
Residential
7,990
Single Family
6,910
Multi-Family
1,080
Businesses
650
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 1972
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74107, Tulsa, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,996 (100%) |
| Owner Occupied HU | 3,902 (43.4%) |
| Renter Occupied HU | 4,276 (47.5%) |
| Vacant Housing Units | 818 ( 9.1%) |
| Median Home Value | $180,344 |
| Average Home Value | $240,766 |
Housing Distribution
Address Breakdown
Residential
7,990
Single Family
6,910
Multi-Family
1,080
Businesses
650
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Paula McGuire • Coldwell Banker Select
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2518799
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.