8969 E 16th StTulsaOK74112
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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 8969 E 16th St, Tulsa, OK, 74112 offers a 10.1% rental yield on a $426,500 purchase with $3,590/mo rent. Total monthly income registers $3,590/mo, and a $2,088/mo payment leaves $866/mo available for distribution. Annual cash flow reaches $10,390/yr on $141,385 to close, and return on cash invested stands at 27.26% in year one. Equity gained on principal adds $2,752/yr while 5% annual appreciation supports $117,834 over five years. Portfolio math shows five-year ROI at 142.51% and total cumulative return in cash at $201,488. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,590/mo property income against a $2,088/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
1.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74112, Tulsa, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,893 (100%) |
| Owner Occupied HU | 4,841 (44.4%) |
| Renter Occupied HU | 4,936 (45.3%) |
| Vacant Housing Units | 1,116 (10.2%) |
| Median Home Value | $173,354 |
| Average Home Value | $207,302 |
Housing Distribution
Address Breakdown
Residential
10,152
Single Family
9,244
Multi-Family
908
Businesses
833
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