24408 E 97th St SBroken ArrowOK74014
Nearby investment properties with comparable rents
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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 24408 E 97th St S, Broken Arrow, OK, 74014 generates $1,331/mo in rent and, after a $827/mo payment, leaves $252/mo in cash flow. Total monthly income is $1,331/mo, and annual cash flow is $3,023/yr on $56,024 invested. Return on cash invested sits at 25.3% in year one, and rental yield is 9.45% on a $169,000 entry. Equity gained on principal adds $1,091/yr, while 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 132.04% and total cumulative return in cash sums $73,975. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,331/mo property income rather than buyer’s personal income.
Single Family
Built in 1966
0.75 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: Curtis L Roberts • McGraw, REALTORS
Mls Name: MLS Technology, Inc.
Mls ID: #2545205