6816 S Toledo Ave UNIT 316TulsaOK74136
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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
Investment property for sale in Tulsa at 6816 S Toledo Ave UNIT 316, Tulsa, OK, 74136 uses $36,465 cash to close to unlock $2,231/yr annual cash flow and $186/mo monthly cash flow. Total monthly income runs $1,242/mo, and a $538/mo payment keeps the spread at $186/mo. Purchase price stands at $110,000, and rental yield measures 13.55% with $1,242/mo rent. Return on cash invested shows 26.03% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 140.09% and total cumulative return in cash records $51,084. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,242/mo property income covering a $538/mo payment rather than investor’s personal income.
Condo
Built in 1970
N/A lot
$N/A/sqft
$354 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74136, Tulsa, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,833 (100%) |
| Owner Occupied HU | 5,021 (29.8%) |
| Renter Occupied HU | 10,128 (60.2%) |
| Vacant Housing Units | 1,684 (10.0%) |
| Median Home Value | $313,778 |
| Average Home Value | $372,017 |
Housing Distribution
Address Breakdown
Residential
15,842
Single Family
10,313
Multi-Family
5,529
Businesses
1,092
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Listed by: Jenna Mobley • HomeSmart Stellar Realty
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2516233
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.