3216 W Charlotte StBroken ArrowOK74011
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Broken Arrow rental at 3216 W Charlotte St, Broken Arrow, OK, 74011 sits in the solid-income band: 8.93% gross yield, $2,232/mo rent, $213/mo net after the $1,349/mo debt service, DSCR 1.65. Entry price of $299,999 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $82,884 and $2,763/yr in principal reduction bring total cumulative return to $128,200.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 6.2% |
| Monthly Cash Flow | $213 | $450 |
City averages based on Broken Arrow market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,232 |
| Total Monthly Debt Service | $1,899 |
| 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 2019
7,318 sqft lot
$N/A/sqft
$375 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74011, Broken Arrow, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,632 (100%) |
| Owner Occupied HU | 10,326 (75.7%) |
| Renter Occupied HU | 2,744 (20.1%) |
| Vacant Housing Units | 562 ( 4.1%) |
| Median Home Value | $293,626 |
| Average Home Value | $346,982 |
Housing Distribution
Address Breakdown
Residential
13,587
Single Family
12,852
Multi-Family
735
Businesses
336
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 2019
7,318 sqft lot
$N/A/sqft
$375 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74011, Broken Arrow, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,632 (100%) |
| Owner Occupied HU | 10,326 (75.7%) |
| Renter Occupied HU | 2,744 (20.1%) |
| Vacant Housing Units | 562 ( 4.1%) |
| Median Home Value | $293,626 |
| Average Home Value | $346,982 |
Housing Distribution
Address Breakdown
Residential
13,587
Single Family
12,852
Multi-Family
735
Businesses
336
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joshua Barrett • Keller Williams Preferred
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2540690
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.