450 W 7th St APT 1906TulsaOK74119
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowHigh DSCR is a competitive advantage at closing. 450 W 7th St APT 1906, Tulsa, OK, 74119 in Tulsa achieves 2.90, rent of $1,327/mo covers the $458/mo payment 1.5x over at $101,900. Rental yield 15.63%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $28,153 over five years, with $939/yr in principal reduction bringing total projected return to $36,113.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15.6% | 7.2% |
| Monthly Cash Flow | $(93) | $450 |
City averages based on Tulsa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,327 |
| Total Monthly Debt Service | $1,379 |
| DSCR Ratio | 0.96x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Condo
Built in 1970
N/A lot
$N/A/sqft
$769 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74119, Tulsa, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,090 (100%) |
| Owner Occupied HU | 646 (20.9%) |
| Renter Occupied HU | 1,885 (61.0%) |
| Vacant Housing Units | 559 (18.1%) |
| Median Home Value | $351,961 |
| Average Home Value | $377,322 |
Housing Distribution
Address Breakdown
Residential
3,081
Single Family
844
Multi-Family
2,237
Businesses
621
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
Condo
Built in 1970
N/A lot
$N/A/sqft
$769 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74119, Tulsa, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,090 (100%) |
| Owner Occupied HU | 646 (20.9%) |
| Renter Occupied HU | 1,885 (61.0%) |
| Vacant Housing Units | 559 (18.1%) |
| Median Home Value | $351,961 |
| Average Home Value | $377,322 |
Housing Distribution
Address Breakdown
Residential
3,081
Single Family
844
Multi-Family
2,237
Businesses
621
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices