6512 S Memorial Dr #18GTulsaOK74133
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 6512 S Memorial Dr #18G, Tulsa, OK, 74133 in Tulsa achieves a 1.68 ratio at $102,000: $770/mo rent versus $459/mo debt service. Rental yield 9.06%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 9.06% yield compounds alongside 5% annual appreciation projecting $28,181 in value. Total projected cumulative return: $31,394.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 7.2% |
| Monthly Cash Flow | $(131) | $450 |
City averages based on Tulsa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $770 |
| Total Monthly Debt Service | $861 |
| DSCR Ratio | 0.89x |
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 1982
N/A lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74133, Tulsa, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,870 (100%) |
| Owner Occupied HU | 10,583 (46.3%) |
| Renter Occupied HU | 10,746 (47.0%) |
| Vacant Housing Units | 1,541 ( 6.7%) |
| Median Home Value | $280,646 |
| Average Home Value | $323,605 |
Housing Distribution
Address Breakdown
Residential
22,195
Single Family
15,679
Multi-Family
6,516
Businesses
1,996
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 1982
N/A lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74133, Tulsa, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,870 (100%) |
| Owner Occupied HU | 10,583 (46.3%) |
| Renter Occupied HU | 10,746 (47.0%) |
| Vacant Housing Units | 1,541 ( 6.7%) |
| Median Home Value | $280,646 |
| Average Home Value | $323,605 |
Housing Distribution
Address Breakdown
Residential
22,195
Single Family
15,679
Multi-Family
6,516
Businesses
1,996
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jean Lewis • McGraw, REALTORS
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2530204
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.