1117 N Hickory AveBroken 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 1117 N Hickory Ave, Broken Arrow, OK, 74012 offers $1,962/mo rent that, after a $978/mo payment, leaves $686/mo cash flow. Total monthly income is $1,962/mo, and annual cash flow is $8,232/yr on $66,217 cash. Return on cash invested measures 32.34% in year one, and rental yield stands at 11.79% at a $199,750 entry. Equity gained on principal adds $1,289/yr while 5% annual appreciation compounds into $55,187 by year five. Five-year ROI records 169.84% and total cumulative return in cash reaches $112,465. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,962/mo property income versus a $978/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
9,104 sqft 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: Angela Jamar • Keller Williams Advantage
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2515814
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.