321 E 57th Pl N
Tulsa, OK 74126
List Price
$119,000
$6K
Initial Investment
$32,428Purchase Price
$119,000
Down Payment
25%
Rent
$930
Total Return
$40,362
Annualized Return
18.3%
Cap Rate
6.6%
Gross Yield
9.4%
Cash Flow
$849
Appreciation
5.4%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
7,200
HOA
None
Flood Risk
Not Required
Agent/owner. Discover a blend of comfort and investment potential at this beautifully renovated residence. With thoughtful updates throughout, the home features a modern kitchen with vinyl countertops that emulate granite, refreshed interiors, and updated flooring. Natural light illuminates the inviting living spaces, while serene bedrooms offer tranquility and rest. The spacious backyard provides a private haven for relaxation or outdoor gatherings. New electrical, vinyl windows, R38 insulation in attic.
This property not only promises a cozy home for its inhabitants but also stands as a lucrative investment opportunity. With fair market rent for Section 8 at $1,213 after allowances, it offers a compelling return for investors looking for stable income. Whether you’re searching for a place to call home or an addition to your investment portfolio, this property provides both the warmth of a family home and the financial benefits of a smart investment.
See more in Analysis
Garrett Ayers
The Investor's Broker, LLC
OK Agent License #171032
Annual Financial Highlights
Expected Rent
$10,602Expenses
-$2,033Property Taxes
-$1,250Loan Payments
-$6,469Net Cash Flow
$849See 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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