1620 E Granger 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
Investment property for sale in Broken Arrow at 1620 E Granger St, Broken Arrow, OK, 74012 uses $161,938 cash to close to unlock $5,000/yr annual cash flow and $417/mo monthly cash flow. Total monthly income runs $3,606/mo, and a $2,391/mo payment keeps the spread at $417/mo. Purchase price stands at $488,500, and rental yield measures 8.86% with $3,606/mo rent. Return on cash invested shows 23% in year one, and 5% annual appreciation builds toward $134,964 over five years. Five-year ROI reaches 119.84% and total cumulative return in cash records $194,073. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,606/mo property income covering a $2,391/mo payment rather than investor’s personal income.
Single Family
Built in 2008
10,715 sqft lot
$N/A/sqft
$240 annually 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: Debbie Norman-Davis • Jacob and Associates Realty
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2522965
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.