20935 E 38th St SBroken ArrowOK74014
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 20935 E 38th St S, Broken Arrow, OK, 74014 in Broken Arrow worth modelling. At $253,000 with a 8.47% gross yield, the $1,786/mo rent leaves $170/mo after the $1,138/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.57 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $69,899 by year five; $2,330/yr in principal reduction adds further equity. Total projected return: $107,103.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 6.2% |
| Monthly Cash Flow | $170 | $450 |
City averages based on Broken Arrow market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,786 |
| Total Monthly Debt Service | $1,515 |
| DSCR Ratio | 1.18x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1976
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74014, Broken Arrow, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,265 (100%) |
| Owner Occupied HU | 14,014 (81.2%) |
| Renter Occupied HU | 2,626 (15.2%) |
| Vacant Housing Units | 625 ( 3.6%) |
| Median Home Value | $265,301 |
| Average Home Value | $296,786 |
Housing Distribution
Address Breakdown
Residential
17,452
Single Family
17,452
Multi-Family
0
Businesses
596
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1976
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74014, Broken Arrow, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,265 (100%) |
| Owner Occupied HU | 14,014 (81.2%) |
| Renter Occupied HU | 2,626 (15.2%) |
| Vacant Housing Units | 625 ( 3.6%) |
| Median Home Value | $265,301 |
| Average Home Value | $296,786 |
Housing Distribution
Address Breakdown
Residential
17,452
Single Family
17,452
Multi-Family
0
Businesses
596
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dana Rowell • REALHome Services & Solutions
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2444624
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.