8439 S College Ave #89/1TulsaOK74137
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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 8439 S College Ave #89/1, Tulsa, OK, 74137 generates $1,775/mo in rent and, after a $1,091/mo payment, leaves $23/mo in cash flow. Total monthly income is $1,775/mo, and annual cash flow is $280/yr on $73,925 invested. Return on cash invested sits at 20.29% in year one, and rental yield is 9.55% on a $223,000 entry. Equity gained on principal adds $1,439/yr, while 5% annual appreciation builds toward $61,611 over five years. Five-year ROI reaches 107.09% and total cumulative return in cash sums $79,169. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,775/mo property income rather than buyer’s personal income.
Condo
Built in 1976
N/A lot
$N/A/sqft
$328 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74137, Tulsa, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,369 (100%) |
| Owner Occupied HU | 7,612 (61.5%) |
| Renter Occupied HU | 4,108 (33.2%) |
| Vacant Housing Units | 649 ( 5.2%) |
| Median Home Value | $402,007 |
| Average Home Value | $472,856 |
Housing Distribution
Address Breakdown
Residential
11,933
Single Family
10,105
Multi-Family
1,828
Businesses
750
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Listed by: Erin Catron • Erin Catron & Company, LLC
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2535137
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.