4342 E 67th St #694 · Tulsa, OK
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $2,463 – $4,575
Heat risk 6/10 · Moderate
- Hot days now (above 111°F)
- 7 days/yr
- Hot days in 30 yrs
- 18 days/yr
Wind risk 3/10 · Minor
- Chance of severe wind over 30 yrs
- 4.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the C- grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +16.6/30.0
- 1% rule +10.0/10.0
- ARV discount +7.5/15.0
- DSCR +5.1/10.0
- Livability +3.8/5.0
- Schools +3.2/10.0
- Rent growth +2.7/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$54,999
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Can be sold separately or in a Bundle for $799,000 (15) sold with MLS #'s2531350, 2531364, 2531903, 2531939, 2531374, 2531370, 2531378, 2531916, 2531749, 2531752, 2531759, 2531770, 2531774, 2531907
Key facts
- $321 HOA
- Community pool
- Built 1970
Property features AI
Finance
- Financial info: Pets are not allowed
- HOA & community: Homeowners association with a monthly fee; Monthly association fee covers water, sewer, trash, and structure maintenance; Community pool
Exterior
- Parking: No parking details provided
- Security: Smoke detector(s); No safety shelter
- Utilities: Electricity available; Natural gas available; Public water; Public sewer
- Home design: Single-story (1 story); Faces west; Slab foundation; Property constructed with brick, HardiPlank-type siding and wood frame
- Construction: Asphalt/fiberglass roof; Built year reported from public records
- Exterior features: No exterior-specific features listed
Interior
- Kitchen: Eat-in kitchen; Oven; Range; Refrigerator; Dishwasher
- Bedrooms: Master bedroom on the first floor with a private bath
- Flooring: Carpet; Tile
- Bathrooms: One full bathroom (master bath, full bath) on the first floor
- Heating & cooling: Central heating (electric); Central air conditioning
- Interior features: Programmable thermostat; Laminate counters; Aluminum window frames; Smoke detector(s); None listed for additional interior features
- Laundry & utility: Washer hookup; Washer; Dryer; Electric water heater; Utility room (inside, on the first floor)
Neighborhood map
What this means for you Summary
Snapshot
- This is a 1-bed/1.0-bath condo listed at $55k.
Deal economics
- At list price, monthly cash flow is $33 ($397/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($881 rent vs $55k).
- Recommended offer: $48k (12.0% below list) — sets the bar for market timing.
- Cap rate 7.0% vs local median 3.9% in Tulsa — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 75/100 on livability (#13 in OK, #4,058 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, cost of living A+; Watch: schools F, crime F, employment D-.
- Jenks (suburban): math 34% / reading 35% proficiency, ranked #27 of 270 in OK (top 10%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Market conditions: Rents flat; 172 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals leasing fast (median 13d on market — plan ~1-2 weeks tenant-placement turnaround); 2,818 units permitted in Tulsa County in 2024 (518 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $380 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
- Tulsa County population projected at +30% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 325 days — a 12% lower offer ($48k) is reasonable based on typical stale-listing flexibility.
- Current owner paid $22k; list at $55k implies a 144% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: HOA is 36% of rent.
- Climate carrying-cost: extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 325 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1970 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 1.60% ✓
- Cap rate
- 7.01%
- Cash-on-cash
- 2.58%
- DSCR
- 1.11
- GRM
- 5.2
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 0.74% rent growth · sell at horizon
- IRR
- -16.2%
- Equity multiple
- 0.44×
- Total profit
- $-8,578
- Equity at exit
- $8,201
- IRR
- -16.3%
- Equity multiple
- 0.24×
- Total profit
- $-11,680
- Equity at exit
- $4,755
Cash invested: $15,400 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 83 Strongly Landlord-Friendly
- State Oklahoma
- 83 Strongly Landlord-Friendly · R+20
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 74136
- Home prices YoY
- -31.4%
- Rents YoY
- 0.7%
- Active inventory
- 172
- Price-to-rent
- 5.2×
Monthly cashflow live
- Estimated rent
- $881 high interval (Pro) →
- Mortgage (P&I)
- −$288
- Tax from tax record
- −$31 /mo · $367/yr
- Insurance
- −$23
- HOA
- −$321
- Vacancy / Maint / Mgmt
- −$185
- Net cashflow
- $33
Break-even live
Sensitivity live
| Price | -10% $64 | -5% $49 | +0% $33 | +5% $18 | +10% $2 |
|---|---|---|---|---|---|
| Rent | -10% $-37 | -5% $-2 | +0% $33 | +5% $68 | +10% $103 |
| Rate | -1.0pp $61 | -0.5pp $47 | base $33 | +0.5pp $19 | +1.0pp $4 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $13,750
- Closing costs
- $1,650
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 7 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 6717 S Richmond Ave #637 Tulsa, OK | 2.0 | 1.0 | 910 | $950 | $1.04 | 24d | 1 | 0.02mi |
| 4329 E 68th St #507 Tulsa, OK | 2.0 | 1.0 | 910 | $1,025 | $1.13 | 24d | 1 | 0.04mi |
| 6806 S Toledo Ave Tulsa, OK | 2.0 | 2.0 | 875 | $1,150 | $1.31 | 22d | 1 | 0.13mi |
| 4664 E 68th St #195 Tulsa, OK | 2.0 | 1.5 | 830 | $450 | $0.54 | 12d | 1 | 0.24mi |
| 7110 S Granite Ave Tulsa, OK | 2.0 | 1.0 | 675 | $949 | $1.41 | 2d | 21 | 0.85mi |
| 5808 E 71st St Tulsa, OK | 1.0–2.0 | 1.0–2.0 | 800 | $817 | $1.02 | 2d | 27 | 1.15mi |
| 5160 S Yale Ave Tulsa, OK | 1.0–2.0 | 1.0–2.0 | 925 | $775 | $0.84 | 4d | 6 | 1.50mi |
HOA detail condo
- Monthly dues
- $321 · $3,852/yr
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 20 events
-
2026-06-18days on market $54,999 Active 325 DOM
-
2026-06-17days on market $54,999 Active 324 DOM
-
2026-06-16days on market $54,999 Active 323 DOM
-
2026-06-15days on market $54,999 Active 322 DOM
-
2026-06-13days on market $54,999 Active 320 DOM
-
2026-06-13days on market $54,999 Active 319 DOM
-
2026-06-10days on market $54,999 Active 317 DOM
-
2026-06-09days on market $54,999 Active 316 DOM
-
2026-06-08days on market $54,999 Active 315 DOM
-
2026-06-07days on market $54,999 Active 314 DOM
-
2026-06-05days on market $54,999 Active 311 DOM
-
2026-06-03days on market $54,999 Active 310 DOM
-
2026-06-02days on market $54,999 Active 309 DOM
-
2026-06-01days on market $54,999 Active 308 DOM
-
2026-05-31days on market $54,999 Active 307 DOM
-
2025-11-07price $54,999
-
2025-10-15price $799,000
-
2025-07-28$899,999 Active
-
2022-04-13soldstatus $22,500
-
1993-03-09soldstatus $19,000
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast OK · Resets to sale price
- Current annual tax
- $367 · $31/mo
- Projected year-2 tax
- $495 · $41/mo
- Expected delta
- +$128/yr (+$11/mo · 34.9%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 6/10 Major 7 d/yr ≥111°F today · 18 d/yr by 30 yrs out
- Wind 3/10 Moderate 4% chance of damaging wind over 30 yrs
- Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $10,572
- − Mortgage interest
- −$3,081
- − Property taxes
- −$367
- − Insurance
- −$275
- − Repairs & maintenance
- −$846
- − Management
- −$846
- − HOA
- −$3,852
- − Depreciation
- −$1,600
- Taxable loss
- −$294
- Est. tax savings @ 24.0%
- +$71
- After-tax cash flow
- $468/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Jenks
- NCES district ID
- 4015720
- Math proficiency
- 34% ▼ -9.00%
- Reading proficiency
- 35% ▼ -8.00%
- Median HH income
- $66,291
- Composite
- 31.5/100
- National rank
- #5973
- State rank
- #27 of 270 in OK
Livability — Tulsa
- Score
- 75/100
- State rank
- #13
- US rank
- #4058
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Tulsa, OK
- County
- Tulsa County · 640,811 people
- City population
- 389,418
- Metro
- Tulsa, OK
- Population (ZIP)
- 31,416
- Household income
- $51,820
- Rent vs Own
- Severe rent burden
- 2579.0
Population outlook (Tulsa County) Hauer SSP2
- Today (2025)
- 723,846 people
- By 2030
- 766,033 · +5.8%
- By 2040
- 851,386 · +17.6%
- By 2050
- 938,389 · +29.6%
- By 2075
- 1,166,011 · +61.1%
- By 2100
- 1,350,277 · +86.5%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.66)
- Race & ethnicity
- White 55% Black 16% Two or more races 13% Hispanic / Latino 10% Asian 7% Native American 2%
- Hispanic origin (detail)
- Mexican 6%
- Common ancestry
- Slovak 2% Lithuanian 2% Italian 1%
- Foreign-born
- 14% · Canada, Philippines
- Languages at home
- 83% English-only · Spanish 8% Other Asian/Pacific 5% Other Indo-European 1%
Political lean MEDSL · Tulsa
- 2024 margin
- R (+15.2) · D 41.3% · R 56.5% · Other 2.2%
- 2008→2024 swing
- +9.2pp toward D · 2008: -24.5pp · 2024: -15.2pp
- All cycles
- 2024: R+15.2 2020: R+15.6 2016: R+22.9 2012: R+27.4 2008: R+24.5
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -98.51%
- Current HPI
- 215.3642
- Rent YoY
- ▲ 0.74%
- Metro
- Tulsa, OK
- State GDP YoY
- ▲ 1.55%
- F500 in state
- 6
Industry mix (Fortune 500 HQ in OK)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Energy | 3 | $48B |
|
||
Price history
+189.5% since first listed5 events — show timeline
- 2025-11-07 Price Changed $54,999 MLS Technology, Inc.
- 2025-10-15 Price Changed $799,000 MLS Technology, Inc.
- 2025-07-28 Listed $899,999 MLS Technology, Inc.
- 2022-04-13 Sold (Public Records) $22,500 Public Records
- 1993-03-09 Sold (Public Records) $19,000 Public Records
Property tax history
-3.1%/yrLatest (2025): $367 · +9.2% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…