405 N Main St #7ETulsaOK74103
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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
Rental property for sale in Tulsa at 405 N Main St #7E, Tulsa, OK, 74103 offers $2,384/mo rent that, after a $9,740/mo payment. Total monthly income is $2,384/mo. Return on cash invested measures 1.15% in year one, and rental yield stands at 1.44% at a $1,990,000 entry. Equity gained on principal adds $12,841/yr while 5% annual appreciation compounds into $549,800 by year five. Five-year ROI records 2.44% and total cumulative return in cash reaches $15,707. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,384/mo property income versus a $9,740/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2023
1,785 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74103, Tulsa, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,168 (100%) |
| Owner Occupied HU | 47 ( 4.0%) |
| Renter Occupied HU | 893 (76.5%) |
| Vacant Housing Units | 228 (19.5%) |
| Median Home Value | $430,000 |
| Average Home Value | $513,032 |
Housing Distribution
Address Breakdown
Residential
894
Single Family
471
Multi-Family
423
Businesses
693
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