6223 S Cedar PlBroken ArrowOK74011
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 8.83% yield at 6223 S Cedar Pl, Broken Arrow, OK, 74011 in Broken Arrow is solid, but the $1,113/mo payment compresses net cash flow to $196/mo at $247,500. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $68,380 by year five, and $2,280/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.78) without U.S. income documentation. Total projected return: $115,173.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 6.2% |
| Monthly Cash Flow | $196 | $450 |
City averages based on Broken Arrow market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,986 |
| Total Monthly Debt Service | $1,565 |
| DSCR Ratio | 1.27x |
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 1987
9,888 sqft lot
$N/A/sqft
No 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 1987
9,888 sqft lot
$N/A/sqft
No 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: Katie Garcia • eXp Realty, LLC
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2525732
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.