3124 E 3rd StTulsaOK74104
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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 3124 E 3rd St, Tulsa, OK, 74104 offers a 11.02% rental yield on a $189,500 purchase with $1,740/mo rent. Total monthly income registers $1,740/mo, and a $928/mo payment leaves $529/mo available for distribution. Annual cash flow reaches $6,352/yr on $62,819 to close, and return on cash invested stands at 30.02% in year one. Equity gained on principal adds $1,223/yr while 5% annual appreciation supports $52,355 over five years. Portfolio math shows five-year ROI at 157.38% and total cumulative return in cash at $98,867. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,740/mo property income against a $928/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
6,359 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
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