1642 N Columbia Pl

Tulsa, OK 74110
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2 bd, 1 ba | 1,068 sqft | Built in 1950

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List Price
$100,000

Initial Investment

$27,250

Purchase Price

$100,000

Down Payment

25%

Rent

$1,050

Total Return

$44,891

Annualized Return

24.7%

Cap Rate

9.0%

Gross Yield

12.6%

Cash Flow

$2,952

Appreciation

5.3%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

7,830

HOA

None

Flood Risk

Not Required

This adorable spruced up bungalow is the perfect starter home or investment opportunity! Inside, you'll find a cozy space that enhance its charm while maintaining its original character. One of the standout features is the converted garage, now a versatile bonus room! Nestled on a spacious lot, this home offers plenty of yard space!

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NEIGHBORHOOD

SCHOOLS

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Garrett Ayers
The Investor's Broker, LLC
OK Agent License #171032

Annual Financial Highlights

Expected Rent

$11,970

Expenses

-$2,681

Property Taxes

-$900

Loan Payments

-$5,437

Net Cash Flow

$2,952

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.
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Listing Courtesy of:Paul Wheeler
Agent License 110290
Accent
Certified Agent Brokerage:Garrett Ayers
The Investor's Broker, LLC
OK Brokerage License 182658
SourceMLS Technology Inc. (Tulsa)
MLS #2510161
Last Updated: 03/11/2025 14:03
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.