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2215 E 67th St #1511
D+ Composite 49.69
Why this score? — see what drove the D+ 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 +17.1/30.0
  • 1% rule +10.0/10.0
  • ARV discount +7.5/15.0
  • DSCR +5.3/10.0
  • Livability +3.8/5.0
  • Rent growth +2.7/5.0
  • Condition / age +2.5/5.0
  • Schools +0.8/10.0
  • Appreciation +0.0/10.0

$48,000

2215 E 67th St #1511 · Tulsa, OK 74136
1 bd · 1.0 ba · 738 sqft · Condo · 157 Days on market
Built 1977 $265/mo HOA · 33% of rent

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Enjoy easy, low-maintenance living in this cozy 1-bedroom, 1-bathroom fully furnished condo with convenient ground-floor access in corner unit. The open layout is both functional and inviting, featuring a unique fireplace hearth nook that adds character and warmth year round. . Brand-new energy-efficient windows help keep utility costs down, and the all-electric setup means no gas bills. Water heater has been recently replaced for your convenience. The spacious walk-in closet provides ample storage, while the HOA takes care of exterior maintenance—so you can spend less time worrying about upkeep and more time enjoying your home! Even better, your monthly condo fees cover water, sewer, trash, cable, and exterior maintenance—helping you save on essential expenses. The community also offers great amenities, including an in-ground swimming pool and a bark park for your furry friend. Conveniently located in South Tulsa close to restaurants, shopping and entertainment. this condo is perfect for anyone looking for an affordable and hassle-free place to call home. Schedule your showing today!

Key facts

  • Ground floor access
  • $265 HOA
  • Parking

Tags

GROUND FLOOR ACCESSFIREPLACE HEARTH NOOKENERGY EFFICIENT WINDOWSRECENTLY REPLACED WATER HEATERSPACIOUS WALK IN CLOSETIN GROUND SWIMMING POOL

Property features AI

Finance

  • Other: Sidewalks and gutters in the community
  • Financial info: Pets allowed
  • HOA & community: Homeowners association with a monthly fee; Monthly association fee covers cable TV, structure maintenance, sewer, trash, and water; Community amenities include a park and pool; Pets allowed

Exterior

  • Parking: Accessible parking
  • Security: Smoke detector(s); No safety shelter
  • Utilities: Public water; Public sewer; Electricity available; Cable available; High-speed internet available
  • Home design: Single-story property; South-facing; Slab foundation; Handicap access
  • Construction: Stone and wood frame construction; Tar and gravel roof; Built (year per public records)
  • Exterior features: Covered porch; Sprinkler/irrigation system; Landscaping; Rain gutters; Corner lot; Mature trees

Interior

  • Kitchen: Country-style kitchen; Dishwasher; Oven; Range; Refrigerator
  • Bedrooms: Master bedroom with walk-in closet (first level)
  • Flooring: Carpet; Laminate; Tile
  • Bathrooms: One full bathroom (hall/full) (first level)
  • Heating & cooling: Central heating (electric); Central air conditioning
  • Interior features: High-speed internet; Cable TV; Ceiling fan(s); Laminate counters; Electric oven and range connections; Vinyl windows; Accessible doors and entrance; Parking accessibility
  • Laundry & utility: Electric water heater

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 1-bed/1.0-bath condo listed at $48k.

Deal economics

  • At list price, monthly cash flow is $34 ($403/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($798 rent vs $48k).
  • Recommended offer: $42k (12.0% below list) — sets the bar for market timing.
  • Cap rate 7.1% 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 flat; 172 active listings in the ZIP; 20 comparable units currently listed for rent nearby; rentals leasing fast (median 4d 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 $332 of loan paydown is wiped out by about $1k 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 157 days — a 12% lower offer ($42k) is reasonable based on typical stale-listing flexibility.
  • 11 sale attempts since 17y ago; this cycle's ask has dropped $5k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: HOA is 33% 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.
Recommended offer $42,240 (12.0% below list)

Questions for the listing agent

  1. It's been on market 157 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Built in 1977 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. 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?
  5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  7. 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?
  8. 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?
  9. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  10. 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.
  11. 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.
  12. 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
1.66%
Cap rate
7.13%
Cash-on-cash
3.00%
DSCR
1.13
GRM
5.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.74% rent growth · sell at horizon

5-year hold
IRR
-15.7%
Equity multiple
0.46×
Total profit
$-7,239
Equity at exit
$7,157
10-year hold
IRR
-15.6%
Equity multiple
0.27×
Total profit
$-9,797
Equity at exit
$4,150

Cash invested: $13,440 (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.

ZIP-level market 74136

Home prices YoY
-31.4%
Rents YoY
0.7%
Active inventory
172
Price-to-rent
5.0×

Monthly cashflow live

Estimated rent
$798 high interval (Pro) →
Mortgage (P&I)
$252
Tax est. 1.5%
$60 /mo · $720/yr
Insurance
$20
HOA
$265
Vacancy / Maint / Mgmt
$168
Net cashflow
$34

Break-even live

Break-even rent $755
Max offer price $48,000
Occupancy floor 91%

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
$12,000
Closing costs
$1,440
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 20 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
6630 S Zunis Ave Tulsa, OK 1.0–3.0 1.0–2.0 1000 $789 $0.79 2d 12 0.10mi
6609 S Lewis Ave Tulsa, OK 1.0 1.0 600 $816 $1.36 2d 5 0.18mi
1808 E 66th Pl Tulsa, OK 1.0 1.0 420 $675 $1.61 24d 1 0.23mi
1804 E 66th Pl Unit E108 Tulsa, OK 1.0 1.0 562 $850 $1.51 24d 1 0.24mi
1802 E 66th Pl Tulsa, OK 1.0–2.0 1.0–2.0 695 $800 $1.15 21d 3 0.24mi
1802 E 66th Pl Tulsa, OK 1.0–2.0 1.0–2.0 562 $950 $1.69 3d 1 0.24mi
1730 E 67th St #303 Tulsa, OK 1.0 1.0 450 $800 $1.78 24d 1 0.30mi
1818 E 71st St Tulsa, OK 2.0 1.0–2.0 700 $873 $1.25 2d 37 0.53mi
6760 S Trenton Pl Tulsa, OK 1.0 1.0 700 $745 $1.06 24d 1 0.53mi
2218 E 59th St Tulsa, OK 1.0–2.0 1.0 787 $849 $1.08 3d 4 0.80mi
1329 E 64th St Tulsa, OK 1.0–2.0 1.0 624 $900 $1.44 2d 2 0.82mi
2409 E 59th Ct Unit 2433-4 Tulsa, OK 1.0 1.0 565 $675 $1.19 20d 1 0.82mi
6642 S Peoria Ave Tulsa, OK 1.0–2.0 1.0 712 $875 $1.23 11d 2 0.91mi
6732 S Peoria Ave Tulsa, OK 1.0–2.0 1.0–2.0 810 $709 $0.88 2d 4 0.96mi
1337 E 61st St Tulsa, OK 1.0–2.0 1.0 700 $699 $1.00 3d 14 1.07mi
7803 S Wheeling Ave Tulsa, OK 1.0–2.0 1.0–2.0 800 $699 $0.87 24d 10 1.12mi
1110 E 60th St Tulsa, OK 1.0–2.0 1.0–2.0 794 $849 $1.07 3d 4 1.19mi
5630 S Peoria Ave Unit 5630B-P Tulsa, OK 1.0 1.0 650 $925 $1.42 3d 1 1.28mi
910 E 61st St Tulsa, OK 1.0 1.0 700 $926 $1.32 3d 1 1.29mi
5620 S Quaker Ave Unit 5620D-Q Tulsa, OK 1.0 1.0 650 $999 $1.54 24d 1 1.30mi

HOA detail condo

Monthly dues
$265 · $3,180/yr
Likely covers
watersewertrashgaselectriccableexterior maint.pool
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 45 events

  1. 2026-06-18
    days on market $48,000 Active 157 DOM
  2. 2026-06-17
    days on market $48,000 Active 156 DOM
  3. 2026-06-16
    days on market $48,000 Active 155 DOM
  4. 2026-06-15
    days on market $48,000 Active 154 DOM
  5. 2026-06-13
    days on market $48,000 Active 152 DOM
  6. 2026-06-10
    days on market $48,000 Active 149 DOM
  7. 2026-06-09
    days on market $48,000 Active 148 DOM
  8. 2026-06-08
    days on market $48,000 Active 147 DOM
  9. 2026-06-07
    days on market $48,000 Active 146 DOM
  10. 2026-06-05
    pricedays on market $48,000 Active 143 DOM
  11. 2026-06-03
    days on market $49,500 Active 142 DOM
  12. 2026-06-02
    days on market $49,500 Active 141 DOM
  13. 2026-06-01
    days on market $49,500 Active 140 DOM
  14. 2026-05-31
    days on market $49,500 Active 139 DOM
  15. 2026-03-06
    status Active
  16. 2026-03-03
    status Pending
  17. 2026-02-13
    price $49,500
  18. 2026-01-09
    listed $53,000 Active
  19. 2025-03-31
    soldstatus $47,000 Closed 1119-char remark
    Show marketing remark (1119 chars)

    Enjoy easy, low-maintenance living in this cozy 1-bedroom, 1-bathroom fully furnished condo with convenient ground-floor access in corner unit. The open layout is both functional and inviting, featuring a unique fireplace hearth nook that adds character and warmth year round. . Brand-new energy-efficient windows help keep utility costs down, and the all-electric setup means no gas bills. Water heater has been recently replaced for your convenience. The spacious walk-in closet provides ample storage, while the HOA takes care of exterior maintenance—so you can spend less time worrying about upkeep and more time enjoying your home! Even better, your monthly condo fees cover water, sewer, trash, cable, and exterior maintenance—helping you save on essential expenses. The community also offers great amenities, including an in-ground swimming pool and a bark park for your furry friend. Conveniently located in South Tulsa close to restaurants, shopping and entertainment. this condo is perfect for anyone looking for an affordable and hassle-free place to call home. Schedule your showing today!

  20. 2025-03-15
    status Pending 1119-char remark
    Show marketing remark (1119 chars)

    Enjoy easy, low-maintenance living in this cozy 1-bedroom, 1-bathroom fully furnished condo with convenient ground-floor access in corner unit. The open layout is both functional and inviting, featuring a unique fireplace hearth nook that adds character and warmth year round. . Brand-new energy-efficient windows help keep utility costs down, and the all-electric setup means no gas bills. Water heater has been recently replaced for your convenience. The spacious walk-in closet provides ample storage, while the HOA takes care of exterior maintenance—so you can spend less time worrying about upkeep and more time enjoying your home! Even better, your monthly condo fees cover water, sewer, trash, cable, and exterior maintenance—helping you save on essential expenses. The community also offers great amenities, including an in-ground swimming pool and a bark park for your furry friend. Conveniently located in South Tulsa close to restaurants, shopping and entertainment. this condo is perfect for anyone looking for an affordable and hassle-free place to call home. Schedule your showing today!

  21. 2025-03-07
    listed $50,000 Active 1119-char remark
    Show marketing remark (1119 chars)

    Enjoy easy, low-maintenance living in this cozy 1-bedroom, 1-bathroom fully furnished condo with convenient ground-floor access in corner unit. The open layout is both functional and inviting, featuring a unique fireplace hearth nook that adds character and warmth year round. . Brand-new energy-efficient windows help keep utility costs down, and the all-electric setup means no gas bills. Water heater has been recently replaced for your convenience. The spacious walk-in closet provides ample storage, while the HOA takes care of exterior maintenance—so you can spend less time worrying about upkeep and more time enjoying your home! Even better, your monthly condo fees cover water, sewer, trash, cable, and exterior maintenance—helping you save on essential expenses. The community also offers great amenities, including an in-ground swimming pool and a bark park for your furry friend. Conveniently located in South Tulsa close to restaurants, shopping and entertainment. this condo is perfect for anyone looking for an affordable and hassle-free place to call home. Schedule your showing today!

  22. 2025-02-13
    historical
  23. 2025-02-10
    status Active
  24. 2025-02-09
    status Pending
  25. 2025-02-06
    listed $49,500 Active
  26. 2025-01-31
    historical
  27. 2025-01-27
    price $49,000
  28. 2024-08-20
    price $54,000
  29. 2024-08-10
    listed $56,000 Active
  30. 2024-08-05
    historical
  31. 2024-07-21
    price $58,000
  32. 2024-05-16
    price $60,000
  33. 2024-05-01
    price $57,000
  34. 2024-04-05
    price $60,000
  35. 2024-02-05
    listed $63,500 Active
  36. 2022-09-07
    soldstatus $36,000 Closed
  37. 2022-08-25
    status Pending
  38. 2022-08-04
    status Active
  39. 2022-08-03
    historical
  40. 2022-07-26
    price $35,000
  41. 2022-07-25
    listed $34,900 Active
  42. 2021-11-17
    historical
  43. 2021-11-09
    listed $104,900 Active
  44. 2010-01-01
    historical
  45. 2009-09-13
    listed $27,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 7/10 Severe 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 3/10 Moderate 2 unhealthy d/yr today · 3 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
$9,574
− Mortgage interest
−$2,689
− Property taxes
−$720
− Insurance
−$240
− Repairs & maintenance
−$766
− Management
−$766
− HOA
−$3,180
− Depreciation
−$1,396
Taxable loss
−$183
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$44
After-tax cash flow
$447/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)
31,416
Household income
$51,820
Rent vs Own
65.0% rent · 35.0% 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

Price history

+80.0% since first listed
31 events — show timeline
  • 2026-03-06 Relisted MLS Technology, Inc.
  • 2026-03-03 Pending MLS Technology, Inc.
  • 2026-02-13 Price Changed $49,500 MLS Technology, Inc.
  • 2026-01-09 Listed $53,000 MLS Technology, Inc.
  • 2025-03-31 Sold (MLS) $47,000 MLS Technology, Inc.
  • 2025-03-15 Pending MLS Technology, Inc.
  • 2025-03-07 Listed $50,000 MLS Technology, Inc.
  • 2025-02-13 Listing Removed MLS Technology, Inc.
  • 2025-02-10 Relisted MLS Technology, Inc.
  • 2025-02-09 Pending MLS Technology, Inc.
  • 2025-02-06 Listed $49,500 MLS Technology, Inc.
  • 2025-01-31 Listing Removed MLS Technology, Inc.
  • 2025-01-27 Price Changed $49,000 MLS Technology, Inc.
  • 2024-08-20 Price Changed $54,000 MLS Technology, Inc.
  • 2024-08-10 Listed $56,000 MLS Technology, Inc.
  • 2024-08-05 Listing Removed MLS Technology, Inc.
  • 2024-07-21 Price Changed $58,000 MLS Technology, Inc.
  • 2024-05-16 Price Changed $60,000 MLS Technology, Inc.
  • 2024-05-01 Price Changed $57,000 MLS Technology, Inc.
  • 2024-04-05 Price Changed $60,000 MLS Technology, Inc.
  • 2024-02-05 Listed $63,500 MLS Technology, Inc.
  • 2022-09-07 Sold (MLS) $36,000 MLS Technology, Inc.
  • 2022-08-25 Pending MLS Technology, Inc.
  • 2022-08-04 Relisted MLS Technology, Inc.
  • 2022-08-03 Listing Removed MLS Technology, Inc.
  • 2022-07-26 Price Changed $35,000 MLS Technology, Inc.
  • 2022-07-25 Listed $34,900 MLS Technology, Inc.
  • 2021-11-17 Listing Removed MLS Technology, Inc.
  • 2021-11-09 Listed $104,900 MLS Technology, Inc.
  • 2010-01-01 Listing Removed MLS Technology, Inc.
  • 2009-09-13 Listed $27,500 MLS Technology, Inc.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…