11860 E 62nd Pl SBroken 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
Investment property for sale in Broken Arrow at 11860 E 62nd Pl S, Broken Arrow, OK, 74012 uses $54,698 cash to close to unlock $2,206/yr annual cash flow and $184/mo monthly cash flow. Total monthly income runs $1,238/mo, and a $808/mo payment keeps the spread at $184/mo. Purchase price stands at $165,000, and rental yield measures 9% with $1,238/mo rent. Return on cash invested shows 23.94% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 124.74% and total cumulative return in cash records $68,231. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,238/mo property income covering a $808/mo payment rather than investor’s personal income.
Single Family
Built in 1974
7,013 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: Shoua Thao • Epique Realty
Mls Name: MLS Technology, Inc.
Mls ID: #2545962