487 S Allegheny AveTulsaOK74112
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderSteady, low-maintenance, and fundable: 487 S Allegheny Ave, Tulsa, OK, 74112 in Tulsa at $369,900. Rental yield 7.65%. The 7.65% yield and 0.94 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $102,197 by year five, and $3,407/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $88,946.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.7% | 7.2% |
| Monthly Cash Flow | $(4) | $450 |
City averages based on Tulsa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,559 |
| Total Monthly Debt Service | $2,215 |
| DSCR Ratio | 0.70x |
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.
Single Family
Built in 1942
8,624 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74112, Tulsa, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,893 (100%) |
| Owner Occupied HU | 4,841 (44.4%) |
| Renter Occupied HU | 4,936 (45.3%) |
| Vacant Housing Units | 1,116 (10.2%) |
| Median Home Value | $173,354 |
| Average Home Value | $207,302 |
Housing Distribution
Address Breakdown
Residential
10,152
Single Family
9,244
Multi-Family
908
Businesses
833
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
Single Family
Built in 1942
8,624 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74112, Tulsa, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,893 (100%) |
| Owner Occupied HU | 4,841 (44.4%) |
| Renter Occupied HU | 4,936 (45.3%) |
| Vacant Housing Units | 1,116 (10.2%) |
| Median Home Value | $173,354 |
| Average Home Value | $207,302 |
Housing Distribution
Address Breakdown
Residential
10,152
Single Family
9,244
Multi-Family
908
Businesses
833
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brandi Fugate • Private Label Real Estate
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2518903
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.