1005 E Fargo StBroken ArrowOK74012
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Broken Arrow at 1005 E Fargo St, Broken Arrow, OK, 74012 generates $2,139/mo in rent and, after a $1,591/mo payment, leaves $63/mo in cash flow. Total monthly income is $2,139/mo, and annual cash flow is $759/yr on $107,738 invested. Return on cash invested sits at 20.61% in year one, and rental yield is 7.9% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 106.92% and total cumulative return in cash sums $115,189. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,139/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74012, Broken Arrow, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,059 (100%) |
| Owner Occupied HU | 16,417 (63.0%) |
| Renter Occupied HU | 8,433 (32.4%) |
| Vacant Housing Units | 1,209 ( 4.6%) |
| Median Home Value | $258,982 |
| Average Home Value | $283,624 |
Housing Distribution
Address Breakdown
Residential
25,945
Single Family
23,399
Multi-Family
2,546
Businesses
2,147
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Listed by: Ron Sumner • Coldwell Banker Select
Mls Name: MLS Technology, Inc.
Mls ID: #2526169