711 S Norfolk AveTulsaOK74120
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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 711 S Norfolk Ave, Tulsa, OK, 74120 generates $1,332/mo in rent, after a $2,594/mo payment. Total monthly income is $1,332/mo. Return on cash invested sits at 5.93% in year one, and rental yield is 3.02% on a $530,000 entry. Equity gained on principal adds $3,420/yr, while 5% annual appreciation builds toward $146,429 over five years. Five-year ROI reaches 28.15% and total cumulative return in cash sums $49,087. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,332/mo property income rather than buyer’s personal income.
Townhouse
Built in 2001
1,960 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74120, Tulsa, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,491 (100%) |
| Owner Occupied HU | 737 (21.1%) |
| Renter Occupied HU | 2,113 (60.5%) |
| Vacant Housing Units | 641 (18.4%) |
| Median Home Value | $390,549 |
| Average Home Value | $434,274 |
Housing Distribution
Address Breakdown
Residential
2,914
Single Family
2,034
Multi-Family
880
Businesses
663
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