5745 S Norwood AveTulsaOK74135
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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
Rental property for sale in Tulsa at 5745 S Norwood Ave, Tulsa, OK, 74135 priced at $340,000 converts $2,873/mo rent into $702/mo cash flow after a $1,664/mo obligation. Total monthly income equals $2,873/mo, and annual cash flow totals $8,422/yr on $112,710 invested. Return on cash invested prints 27.38% in year one, and rental yield reads 10.14% against a $340,000 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation compiles into $93,936 by year five. Five-year ROI reaches 143.17% and total cumulative return in cash sums $161,370. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,873/mo property income covering a $1,664/mo payment, not borrower’s personal income.
Single Family
Built in 1961
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74135, Tulsa, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,020 (100%) |
| Owner Occupied HU | 4,757 (43.2%) |
| Renter Occupied HU | 4,980 (45.2%) |
| Vacant Housing Units | 1,283 (11.6%) |
| Median Home Value | $271,172 |
| Average Home Value | $297,523 |
Housing Distribution
Address Breakdown
Residential
10,926
Single Family
8,025
Multi-Family
2,901
Businesses
1,381
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Listed by: Heidi Ewing • eXp Realty, LLC (BO)
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2507697
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.