611 W 15th St APT E1TulsaOK74127
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 611 W 15th St APT E1, Tulsa, OK, 74127 in Tulsa is capital appreciation. Rental yield 5.47%. The 5.47% gross yield at $250,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $69,070 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (1.01) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $65,689.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.5% | 7.2% |
| Monthly Cash Flow | $(1,000) | $450 |
City averages based on Tulsa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,140 |
| Total Monthly Debt Service | $1,497 |
| DSCR Ratio | 0.76x |
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.
Condo
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74127, Tulsa, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,644 (100%) |
| Owner Occupied HU | 3,515 (46.0%) |
| Renter Occupied HU | 3,197 (41.8%) |
| Vacant Housing Units | 932 (12.2%) |
| Median Home Value | $149,569 |
| Average Home Value | $202,873 |
Housing Distribution
Address Breakdown
Residential
7,415
Single Family
6,993
Multi-Family
422
Businesses
295
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 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74127, Tulsa, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,644 (100%) |
| Owner Occupied HU | 3,515 (46.0%) |
| Renter Occupied HU | 3,197 (41.8%) |
| Vacant Housing Units | 932 (12.2%) |
| Median Home Value | $149,569 |
| Average Home Value | $202,873 |
Housing Distribution
Address Breakdown
Residential
7,415
Single Family
6,993
Multi-Family
422
Businesses
295
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices