20935 E 38th St SBroken ArrowOK74014
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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 20935 E 38th St S, Broken Arrow, OK, 74014 uses $83,870 cash to close to unlock $2,047/yr annual cash flow and $171/mo monthly cash flow. Total monthly income runs $1,786/mo, and a $1,238/mo payment keeps the spread at $171/mo. Purchase price stands at $253,000, and rental yield measures 8.47% with $1,786/mo rent. Return on cash invested shows 22.35% in year one, and 5% annual appreciation builds toward $69,899 over five years. Five-year ROI reaches 116.2% and total cumulative return in cash records $97,456. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,786/mo property income covering a $1,238/mo payment rather than investor’s personal income.
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
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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.