412 S 62nd StBroken 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 412 S 62nd St, Broken Arrow, OK, 74014 listed at $350,000 pairs $3,079/mo rent with a $1,713/mo payment to leave $806/mo cash flow. Total monthly income runs $3,079/mo, and annual cash flow reaches $9,677/yr on $116,025 cash to close. Return on cash invested measures 28.25% in year one, and rental yield registers 10.56% at a $350,000 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,699 by year five. Five-year ROI tracks 147.98% and total cumulative return in cash totals $171,698. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,079/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2003
0.33 Acres lot
$N/A/sqft
$450 annually 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: Kenny L Tate • Keller Williams Advantage
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2434782
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.