3301 W Elgin 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 3301 W Elgin St, Broken Arrow, OK, 74012 offers a 9.2% rental yield on a $315,000 purchase with $2,414/mo rent. Total monthly income registers $2,414/mo, and a $1,542/mo payment leaves $402/mo available for distribution. Annual cash flow reaches $4,825/yr on $104,423 to close, and return on cash invested stands at 24.53% in year one. Equity gained on principal adds $2,033/yr while 5% annual appreciation supports $87,029 over five years. Portfolio math shows five-year ROI at 127.91% and total cumulative return in cash at $133,565. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,414/mo property income against a $1,542/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
7,797 sqft lot
$N/A/sqft
No 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: Curt Bryan • Solid Rock, REALTORS
Mls Name: MLS Technology, Inc.
Mls ID: #2536346