7701 S Erie AveTulsaOK74136
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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 7701 S Erie Ave, Tulsa, OK, 74136 listed at $315,000 pairs $2,529/mo rent with a $1,542/mo payment to leave $428/mo cash flow. Total monthly income runs $2,529/mo, and annual cash flow reaches $5,131/yr on $104,423 cash to close. Return on cash invested measures 24.82% in year one, and rental yield registers 9.63% at a $315,000 basis. Equity gained on principal adds $2,033/yr, and annual property appreciation at 5% supports $87,029 by year five. Five-year ROI tracks 129.84% and total cumulative return in cash totals $135,581. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,529/mo property income relative to a $1,542/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1988
7,274 sqft lot
$N/A/sqft
No 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: Jeanette Bagrosky • Coldwell Banker Select
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2525576
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.