7412 W 38th StTulsaOK74107
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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 7412 W 38th St, Tulsa, OK, 74107 generates $2,057/mo in rent and, after a $1,175/mo payment, leaves $524/mo in cash flow. Total monthly income is $2,057/mo, and annual cash flow is $6,288/yr on $79,560 invested. Return on cash invested sits at 27.81% in year one, and rental yield is 10.29% on a $240,000 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 145.48% and total cumulative return in cash sums $115,742. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,057/mo property income rather than buyer’s personal income.
Single Family
Built in 1992
9,539 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74107, Tulsa, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,996 (100%) |
| Owner Occupied HU | 3,902 (43.4%) |
| Renter Occupied HU | 4,276 (47.5%) |
| Vacant Housing Units | 818 ( 9.1%) |
| Median Home Value | $180,344 |
| Average Home Value | $240,766 |
Housing Distribution
Address Breakdown
Residential
7,990
Single Family
6,910
Multi-Family
1,080
Businesses
650
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Listed by: Krista Huisenga • Big Red Real Estate
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2527019
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.