8213 E 38th StTulsaOK74145
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 8213 E 38th St, Tulsa, OK, 74145 in Tulsa speaks for itself: 11.27% gross on a $306,000 price, generating $2,873/mo in rent and $919/mo in net income after the $1,376/mo debt service. DSCR 2.09, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $11,024 stacks alongside $84,542 in projected five-year appreciation and $2,818/yr in principal reduction. Projected total cumulative return: $175,446.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.3% | 7.2% |
| Monthly Cash Flow | $919 | $450 |
City averages based on Tulsa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,873 |
| Total Monthly Debt Service | $1,832 |
| DSCR Ratio | 1.57x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Single Family
Built in 1962
8,842 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74145, Tulsa, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,152 (100%) |
| Owner Occupied HU | 3,901 (42.6%) |
| Renter Occupied HU | 4,139 (45.2%) |
| Vacant Housing Units | 1,112 (12.2%) |
| Median Home Value | $185,337 |
| Average Home Value | $252,616 |
Housing Distribution
Address Breakdown
Residential
7,699
Single Family
5,895
Multi-Family
1,804
Businesses
1,516
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
Single Family
Built in 1962
8,842 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74145, Tulsa, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,152 (100%) |
| Owner Occupied HU | 3,901 (42.6%) |
| Renter Occupied HU | 4,139 (45.2%) |
| Vacant Housing Units | 1,112 (12.2%) |
| Median Home Value | $185,337 |
| Average Home Value | $252,616 |
Housing Distribution
Address Breakdown
Residential
7,699
Single Family
5,895
Multi-Family
1,804
Businesses
1,516
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sherry Hensley • Shanahan Realty
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2535819
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.