3333 E 38th St UNIT 11TulsaOK74135
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 3333 E 38th St UNIT 11, Tulsa, OK, 74135 generates $1,020/mo in rent and, after a $631/mo payment, leaves $197/mo in cash flow. Total monthly income is $1,020/mo, and annual cash flow is $2,359/yr on $42,764 invested. Return on cash invested sits at 25.43% in year one, and rental yield is 9.49% on a $129,000 entry. Equity gained on principal adds $832/yr, while 5% annual appreciation builds toward $35,640 over five years. Five-year ROI reaches 132.73% and total cumulative return in cash sums $56,761. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,020/mo property income rather than buyer’s personal income.
Condo
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74135, Tulsa, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,020 (100%) |
| Owner Occupied HU | 4,757 (43.2%) |
| Renter Occupied HU | 4,980 (45.2%) |
| Vacant Housing Units | 1,283 (11.6%) |
| Median Home Value | $271,172 |
| Average Home Value | $297,523 |
Housing Distribution
Address Breakdown
Residential
10,926
Single Family
8,025
Multi-Family
2,901
Businesses
1,381
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices