1623 E 56Th Pl

Tulsa, OK 74105
image0

3 bd, 2 ba | 1,741 sqft | Built in 1964

slider image
slider image
slider image

Favorite

List Price
$175,000

Initial Investment

$47,688

Purchase Price

$175,000

Down Payment

25%

Rent

$1,830

Total Return

$56,762

Annualized Return

19.7%

Cap Rate

8.7%

Gross Yield

12.5%

Cash Flow

$4,884

Appreciation

3.2%
refreshReset to Default
Edit Assumptions
Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

9,000

HOA

None

Flood Risk

Not Required

Tons of potential! Mid Century ranch with some very cool architectural elements. Floor to ceiling fireplace, large picture windows bring outside in. Loads of natural light! Flexible floor plan with two living areas and a dining nook. Kitchen open to living with vaulted ceilings. Indoor laundry. Primary bedroom with two closets, backyard access and an ensuite bath. Fully fenced yard. Quick access to Riverside Drive, I-44, Turkey Mountain and Tulsa Hills.

MARKETS

View Stats

NEIGHBORHOOD

SCHOOLS

See more in Analysis
Garrett Ayers
The Investor's Broker, LLC
OK Agent License #171032

Annual Financial Highlights

Expected Rent

$20,862

Expenses

-$4,454

Property Taxes

-$2,010

Loan Payments

-$9,514

Net Cash Flow

$4,884

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
View Options

Similar Listings



Listing Courtesy of:Brian Frere
Agent License 139098
Keller Williams Preferred
Certified Agent Brokerage:Garrett Ayers
The Investor's Broker, LLC
OK Brokerage License 182658
SourceMLS Technology Inc. (Tulsa)
MLS #2515942
Last Updated: 04/21/2025 14:04
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.