343 S Zunis Ave · Tulsa, OK 74104

$65,000

3 bd · 1.0 ba · 1,064 sqft · SingleFamily public records · 7 Days on market

Built 1915 6,750 sqft lot

---

Why this score? — see what drove the B- 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Rent growth +4.0/5.0
• Livability +3.8/5.0
• Condition / age +2.5/5.0
• Schools +0.8/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

HUD#422-287352 BACK ON THE MARKET Classic bungalow with large rooms, vinyl siding and nice yard in Kendall Whittier urban renewal area. Needs a little refresh and a new family. As-Is, 203K eligible

Key facts

• 6,750 sq ft lot
• Built 1915
• Listed 7 days

Property features AI

Finance

• HOA & community: Sidewalks in the community

Exterior

• Parking: Gravel driveway
• Security: No safety shelter
• Utilities: Public water; Public sewer; Electric service available
• Home design: Single-story home; Faces west; Crawlspace foundation; Vinyl siding with wood frame construction
• Construction: Built (year per public records); Vinyl siding; Wood frame construction; Asphalt/fiberglass roof; Crawlspace foundation
• Exterior features: Gravel driveway; Partial fencing; Mature trees on lot

Interior

• Kitchen: Oven; Range / Stove; Laminate counters
• Bedrooms: Master bedroom with walk-in closet (first level); Additional bedrooms without attached baths (first level)
• Flooring: Carpet; Tile; Vinyl
• Bathrooms: One full bathroom; Master bath with bathtub (first level)
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: High-speed internet; Cable TV; Wired for data; Laminate countertops; Vinyl and wood-frame windows
• Laundry & utility: Utility room (inside, first level); Gas water heater

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $65k.

Deal economics

• At list price, monthly cash flow is $808 ($10k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $65k).
• Cap rate 21.2% 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-.
• Tulsa (urban): math 7% / reading 12% proficiency, ranked #250 of 270 in OK (top 93%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 76% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+5.8%/yr); 82 active listings in the ZIP; 36 comparable units currently listed for rent nearby; rentals leasing fast (median 12d on market — plan ~1-2 weeks tenant-placement turnaround); 2,818 units permitted in Tulsa County in 2024 (518 in 5+ unit buildings).
• This rent runs 35% of the median local income ($55k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $449 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.
• At projected returns (-3.0% appreciation + 5.8% rent growth), your $18k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• Only 7 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 23y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: built in 1915 — expect roof / HVAC / electrical / plumbing capex.
• 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.

Recommended offer $65,000

Questions for the listing agent

1. Built in 1915 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
5. 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.
6. 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.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 2.48% ✓
• Cap rate: 21.20%
• Cash-on-cash: 53.25%
• DSCR: 3.37
• GRM: 3.4

CMA / ARV

• ARV (on-the-fly): $180,880
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
519 S Yorktown Ave	0.13mi	2/1.0 (-1)	1,056 (-1%)	3mo	$185,000	$175	85
407 S Xanthus Ave	0.14mi	3/1.5	975 (-8%)	0mo	$60,000	$62	77
2504 E 4th St	0.28mi	2/1.0 (-1)	1,093 (+3%)	4mo	$179,000	$164	75
2516 E 3rd St	0.32mi	2/1.0 (-1)	1,088 (+2%)	3mo	$174,500	$160	74
333 S Zunis Ave	0.02mi	3/2.0	1,162 (+9%)	7mo	$120,000	$103	74
2215 E 8th St	0.35mi	2/1.0 (-1)	1,000 (-6%)	2mo	$200,000	$200	67
2532 E 4th St	0.35mi	2/2.0 (-1)	1,088 (+2%)	6mo	$185,000	$170	66
2718 4th St	0.56mi	3/1.0	1,025 (-4%)	4mo	$125,000	$122	64
2604 E 2nd St	0.43mi	2/1.0 (-1)	977 (-8%)	0mo	$181,300	$186	61
2811 E 3rd St	0.68mi	3/2.5	1,057 (-1%)	3mo	$229,900	$218	59
2735 E 1st St	0.66mi	2/1.0 (-1)	988 (-7%)	3mo	$165,000	$167	50
2635 E 10th St	0.64mi	3/1.0	1,192 (+12%)	9mo	$273,500	$229	43

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 5.8% rent growth · sell at horizon

5-year hold

• IRR: 54.5%
• Equity multiple: 3.51×
• Total profit: $45,614
• Equity at exit: $9,692

10-year hold

• IRR: 60.7%
• Equity multiple: 7.95×
• Total profit: $126,403
• Equity at exit: $5,620

Cash invested: $18,200 (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

5-day notice; strongly landlord-favorable.

Methodology + full state rankings →

ZIP-level market 74104

• Rents YoY: 5.8%
• Active inventory: 82
• Price-to-rent: 3.4×

Monthly cashflow live

• Estimated rent: $1,613 high
• Mortgage (P&I): −$341
• Tax from tax record: −$99 /mo · $1,183/yr
• Insurance: −$27
• HOA: −$0
• Vacancy / Maint / Mgmt: −$339
• Net cashflow: $808

Break-even live

Break-even rent $591

Max offer price $65,000

Occupancy floor 45%

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: $16,250
• Closing costs: $1,950
• Reserves months: —
• Total cash needed: —

Rent comps 36 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2532 E 4th St Tulsa, OK	2.0	2.0	1088	$800	$0.74	23d	1	0.36mi
2509 E 7th St Tulsa, OK	3.0	2.0	1161	$1,815	$1.56	11d	1	0.42mi
2219 E 11th St Tulsa, OK	1.0–3.0	1.0–3.0	1136	$2,787	$2.45	1d	10	0.46mi
2435 E 10th St Tulsa, OK	3.0	1.0	1040	$1,650	$1.59	3d	1	0.48mi
2529 E Admiral Pl Unit A Tulsa, OK	2.0	1.0	1100	$1,295	$1.18	23d	1	0.55mi
1122 S Xanthus Pl Tulsa, OK	2.0	1.0	1000	$1,245	$1.25	3d	1	0.56mi
2808 E 1st Pl Unit P21-Q Tulsa, OK	2.0	1.0	1025	$1,250	$1.22	23d	1	0.71mi
2319 E 13th St Tulsa, OK	2.0	1.0	875	$1,400	$1.60	23d	1	0.73mi
223 S Evanston Ave Tulsa, OK	3.0	2.0	1220	$1,395	$1.14	23d	1	0.79mi
720 N Columbia Ave Tulsa, OK	3.0	1.0	1233	$1,150	$0.93	3d	1	0.87mi
624 S Peoria Ave Tulsa, OK	3.0	1.0–2.5	1521	$3,995	$2.63	1d	10	0.87mi
1125 S Quincy Ave Unit 1127-1 Tulsa, OK	2.0	1.0	740	$950	$1.28	3d	1	0.88mi
1201 S Rockford Ave Unit 11 Tulsa, OK	2.0	1.5	920	$885	$0.96	23d	1	0.88mi
1201 S Rockford Ave Unit 7 Tulsa, OK	2.0	1.5	920	$875	$0.95	3d	1	0.89mi
44 S Florence Ave Tulsa, OK	2.0	1.0	1080	$1,450	$1.34	23d	1	0.92mi
1140 S College Ave Unit C Tulsa, OK	2.0	1.5	840	$1,650	$1.96	23d	1	1.00mi
1115 S College Ave Unit 16 Tulsa, OK	2.0	1.0	775	$1,275	$1.65	23d	1	1.00mi
1005 N Quincy Ave Unit A Tulsa, OK	3.0	2.0	1303	$1,450	$1.11	2d	1	1.11mi
1025 N Quincy Ave Unit A Tulsa, OK	3.0	2.0	1303	$1,450	$1.11	23d	1	1.16mi
1411 S Quaker Ave Tulsa, OK	2.0	1.5–2.5	1200	$2,049	$1.71	14d	2	1.17mi
1428 S Quaker Ave Tulsa, OK	2.0	1.0	850	$1,225	$1.44	3d	1	1.21mi
1338 S Florence Ave Unit 1 Tulsa, OK	2.0	1.0	1200	$1,450	$1.21	3d	1	1.22mi
2508 E 17th St Tulsa, OK	2.0	1.0	1180	$1,600	$1.36	14d	1	1.23mi
3238 E Easton St Tulsa, OK	2.0	1.0	800	$1,150	$1.44	3d	1	1.25mi
3328 E 7th St Tulsa, OK	2.0	1.0	1008	$1,525	$1.51	15d	1	1.25mi
1736 S Xanthus Ave Tulsa, OK	2.0	1.0	1328	$1,450	$1.09	3d	1	1.27mi
723 N Gary Pl Tulsa, OK	2.0	1.0	1213	$1,200	$0.99	23d	1	1.29mi
211 S Greenwood Ave Tulsa, OK	1.0–2.0	1.0–2.0	933	$2,344	$2.51	1d	3	1.29mi
1214 S Elgin Ave Unit 5 Tulsa, OK	2.0	1.0	1200	$1,450	$1.21	23d	1	1.34mi
401 S Elgin Ave Tulsa, OK	1.0–2.0	1.0–2.0	770	$1,499	$1.95	23d	3	1.37mi
1008 E King Pl Tulsa, OK	3.0	1.0	1284	$1,295	$1.01	1d	1	1.37mi
505 E 2nd St S Tulsa, OK	2.0	2.0	1087	$2,180	$2.01	2d	1	1.38mi
1036 N Madison Ave Tulsa, OK	2.0	1.0	800	$1,100	$1.38	23d	1	1.41mi
415 E 2nd St S Tulsa, OK	1.0–2.0	1.0–2.0	807	$2,180	$2.70	1d	28	1.45mi
1307 S Indianapolis Ave Tulsa, OK	2.0	1.0	1108	$1,990	$1.80	1d	1	1.45mi
537 S Marion Ave Tulsa, OK	2.0	1.0	933	$1,325	$1.42	3d	1	1.50mi

Listing history 11 events

1. 2026-05-19
   listed $65,000 Active
2. 2014-09-19
   soldstatus $62,000
3. 2014-03-06
   soldstatus $24,500 197-char remark

   Show marketing remark (197 chars)

   HUD#422-287352 BACK ON THE MARKET Classic bungalow with large rooms, vinyl siding and nice yard in Kendall Whittier urban renewal area. Needs a little refresh and a new family. As-Is, 203K eligible

4. 2013-09-18
   listed $29,600 197-char remark

   Show marketing remark (197 chars)

   HUD#422-287352 BACK ON THE MARKET Classic bungalow with large rooms, vinyl siding and nice yard in Kendall Whittier urban renewal area. Needs a little refresh and a new family. As-Is, 203K eligible

5. 2008-08-11
   soldstatus $65,500
6. 2006-07-13
   soldstatus $60,000
7. 2006-07-11
   soldstatus $59,900 244-char remark

   Show marketing remark (244 chars)

   Fresh new listing in Kendall-Whittier! 3+ bedroom, new C. H. & A, new carpet, movin ready! One year home warranty. Wonderful new kitchen with lots of space, ceramic tile, huge utility room. Back-yard is like a secret garden. All for 59,900!

8. 2006-06-22
   historical 244-char remark

   Show marketing remark (244 chars)

   Fresh new listing in Kendall-Whittier! 3+ bedroom, new C. H. & A, new carpet, movin ready! One year home warranty. Wonderful new kitchen with lots of space, ceramic tile, huge utility room. Back-yard is like a secret garden. All for 59,900!

9. 2006-06-02
   listed $59,900 244-char remark

   Show marketing remark (244 chars)

   Fresh new listing in Kendall-Whittier! 3+ bedroom, new C. H. & A, new carpet, movin ready! One year home warranty. Wonderful new kitchen with lots of space, ceramic tile, huge utility room. Back-yard is like a secret garden. All for 59,900!

10. 2004-06-03
    historical
11. 2003-11-10
    listed $59,500

ⓘ 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: $1,183 · $99/mo
• Projected year-2 tax: $1,183 · $99/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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 ≥110°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 4% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,355
• − Mortgage interest: −$3,641
• − Property taxes: −$1,183
• − Insurance: −$325
• − Repairs & maintenance: −$1,548
• − Management: −$1,548
• − Depreciation: −$1,891
• Taxable income: $9,218
• Est. tax owed @ 24.0%: −$2,212
• After-tax cash flow: $7,480/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: Tulsa
• NCES district ID: 4030240
• Math proficiency: 7% ▼ -9.00%
• Reading proficiency: 12% ▼ -7.00%
• Median HH income: $37,895
• Composite: 8.04/100
• National rank: #9919
• State rank: #250 of 270 in OK

Livability — Tulsa

• Score: 75/100
• State rank: #13
• US rank: #4058

Category grades

Amenities A+ Commute A+ Cost of living A+ Crime F Employment D- Housing A+ Health & safety A+ User ratings F

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): 12,806
• Household income: $54,691
• Rent vs Own: 51.7% rent · 48.3% own
• Severe rent burden: 700.0

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 0.57)
• Race & ethnicity: White 64% Hispanic / Latino 14% Two or more races 12% Black 7% Native American 5% Asian 4%
• Hispanic origin (detail): Mexican 11%
• Common ancestry: Lithuanian 2% Slovak 2% Italian 2%
• Foreign-born: 12% · Canada, China, South Korea
• Languages at home: 81% English-only · Spanish 12% Arabic 2% Other Asian/Pacific 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: ▼ -322.78%
• Current HPI: 306.7856
• Rent YoY: ▲ 5.80%
• 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

+9.2% since first listed

11 events — show timeline

• 2026-05-19 Listed $65,000 MLS Technology, Inc.
• 2014-09-19 Sold (Public Records) $62,000 Public Records
• 2014-03-06 Sold (MLS) $24,500 MLS Technology, Inc.
• 2013-09-18 Listed $29,600 MLS Technology, Inc.
• 2008-08-11 Sold (Public Records) $65,500 Public Records
• 2006-07-13 Sold (Public Records) $60,000 Public Records
• 2006-07-11 Sold (MLS) $59,900 MLS Technology, Inc.
• 2006-06-22 Listing Removed — MLS Technology, Inc.
• 2006-06-02 Listed $59,900 MLS Technology, Inc.
• 2004-06-03 Listing Removed — MLS Technology, Inc.
• 2003-11-10 Listed $59,500 MLS Technology, Inc.

Property tax history

+1.9%/yr

Latest (2025): $1,183 · +8.6% YoY. Source: county tax records.