5215 E Latimer StTulsaOK74115
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 5215 E Latimer St, Tulsa, OK, 74115 priced at $120,000 pairs $1,246/mo rent with $463/mo cash flow after a $587/mo payment. Total monthly income equals $1,246/mo, and annual cash flow comes to $5,555/yr on $39,780 invested. Return on cash invested is 33.87% in year one, and rental yield stands at 12.46% on a $120,000 basis. Equity gained on principal adds $774/yr, and 5% annual appreciation accumulates to $33,154 by year five. Five-year ROI measures 178.18% and total cumulative return in cash reaches $70,879. For financing, Ziffy Mortgage’s DSCR program evaluates $1,246/mo property income against a $587/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1951
7,143 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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