4603 E Independence StTulsaOK74115
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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 4603 E Independence St, Tulsa, OK, 74115 uses $77,074 cash to close to unlock $6,278/yr annual cash flow and $523/mo monthly cash flow. Total monthly income runs $2,008/mo, and a $1,138/mo payment keeps the spread at $523/mo. Purchase price stands at $232,500, and rental yield measures 10.36% with $2,008/mo rent. Return on cash invested shows 28.05% in year one, and 5% annual appreciation builds toward $64,235 over five years. Five-year ROI reaches 146.82% and total cumulative return in cash records $113,160. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,008/mo property income covering a $1,138/mo payment rather than investor’s personal income.
Single Family
Built in 1949
8,929 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74115, Tulsa, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,519 (100%) |
| Owner Occupied HU | 4,244 (44.6%) |
| Renter Occupied HU | 4,230 (44.4%) |
| Vacant Housing Units | 1,045 (11.0%) |
| Median Home Value | $75,082 |
| Average Home Value | $205,539 |
Housing Distribution
Address Breakdown
Residential
9,024
Single Family
8,839
Multi-Family
185
Businesses
997
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Listed by: Carmen Ortega Plunk • Chinowth & Cohen
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2518477
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.