5641 S Newport Ave #5641TulsaOK74105
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who treat current yield as secondary to long-run equity growth will find 5641 S Newport Ave #5641, Tulsa, OK, 74105 in Tulsa worth modelling. At $121,000 with a 12.57% gross yield, the $1,267/mo rent leaves $194/mo after the $544/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 2.33 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $33,430 by year five; $1,114/yr in principal reduction adds further equity. Total projected return: $59,821.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.6% | 7.2% |
| Monthly Cash Flow | $194 | $450 |
City averages based on Tulsa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,267 |
| Total Monthly Debt Service | $1,025 |
| DSCR Ratio | 1.24x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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
$300 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74105, Tulsa, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,306 (100%) |
| Owner Occupied HU | 6,877 (44.9%) |
| Renter Occupied HU | 6,922 (45.2%) |
| Vacant Housing Units | 1,507 ( 9.8%) |
| Median Home Value | $356,096 |
| Average Home Value | $435,256 |
Housing Distribution
Address Breakdown
Residential
13,989
Single Family
12,033
Multi-Family
1,956
Businesses
932
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
$300 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74105, Tulsa, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,306 (100%) |
| Owner Occupied HU | 6,877 (44.9%) |
| Renter Occupied HU | 6,922 (45.2%) |
| Vacant Housing Units | 1,507 ( 9.8%) |
| Median Home Value | $356,096 |
| Average Home Value | $435,256 |
Housing Distribution
Address Breakdown
Residential
13,989
Single Family
12,033
Multi-Family
1,956
Businesses
932
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Rogers • McGraw, REALTORS
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2524260
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.