6900 S Elder AveBroken ArrowOK74011
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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
Investment Highlights
Investment property for sale in Broken Arrow at 6900 S Elder Ave, Broken Arrow, OK, 74011 listed at $306,000 pairs $1,939/mo rent with a $1,498/mo payment. Total monthly income runs $1,939/mo. Return on cash invested measures 17.59% in year one, and rental yield registers 7.6% at a $306,000 basis. Equity gained on principal adds $1,975/yr, and annual property appreciation at 5% supports $84,542 by year five. Five-year ROI tracks 91.49% and total cumulative return in cash totals $92,808. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,939/mo property income relative to a $1,498/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2022
9,321 sqft lot
$N/A/sqft
$500 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
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Listed by: Jim Bigelow • Coldwell Banker Select
Mls Name: MLS Technology, Inc.
Mls Provider:
Mls ID: #2522133
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.