1228 N Allegheny Ave

Tulsa, OK 74115
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3 bd, 2 ba | 1,174 sqft | Built in 1950

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List Price
$175,000

Initial Investment

$47,688

Purchase Price

$175,000

Down Payment

25%

Rent

$1,290

Total Return

$50,337

Annualized Return

16.1%

Cap Rate

6.3%

Gross Yield

8.8%

Cash Flow

$974

Appreciation

4.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

7,800

HOA

None

Flood Risk

Not Required

Beautiful 3 bed 2 bath ranch home with office (could be 4th bedroom) and large family room. Beautifully remodeled bathrooms, new carpet and refinished wood floors. This house has so much space. And a bonus separate garage and shop with heat and air perfect for tradesman, hobbyists, or contractors. Large back yard and walking distance to great park. (Per seller) Sq footage is more than courthouse records.

MARKETS

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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

$14,706

Expenses

-$2,618

Property Taxes

-$1,600

Loan Payments

-$9,514

Net Cash Flow

$974

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

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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:Kelly Garrison
Agent License 150793
The Garrison Group LLC.
Certified Agent Brokerage:Garrett Ayers
The Investor's Broker, LLC
OK Brokerage License 182658
SourceMLS Technology Inc. (Tulsa)
MLS #2438772
Last Updated: 11/09/2024 23:11
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