8707 E Elgin StBroken ArrowOK74012
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
Investment Highlights
Rental property for sale in Broken Arrow at 8707 E Elgin St, Broken Arrow, OK, 74012 offers $3,118/mo rent that, after a $7,709/mo payment. Total monthly income is $3,118/mo. Return on cash invested measures 4.05% in year one, and rental yield stands at 2.38% at a $1,575,000 entry. Equity gained on principal adds $10,163/yr while 5% annual appreciation compounds into $435,143 by year five. Five-year ROI records 17.96% and total cumulative return in cash reaches $91,646. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,118/mo property income versus a $7,709/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.49 Acres 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: Dawn Faust • Flat Fee Discount Realty
Mls Name: MLS Technology, Inc.
Mls ID: #2542338