8531 E 38th StTulsaOK74145
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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 8531 E 38th St, Tulsa, OK, 74145 offers a 9.77% rental yield on a $220,000 purchase with $1,792/mo rent. Total monthly income registers $1,792/mo, and a $1,077/mo payment leaves $371/mo available for distribution. Annual cash flow reaches $4,451/yr on $72,930 to close, and return on cash invested stands at 26.01% in year one. Equity gained on principal adds $1,420/yr while 5% annual appreciation supports $60,782 over five years. Portfolio math shows five-year ROI at 135.93% and total cumulative return in cash at $99,131. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,792/mo property income against a $1,077/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
8,537 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
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Listed by: Curtis Kretchmar • Chinowth & Cohen
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2512609
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.