4311 S Hickory Pl

Broken Arrow, OK 74011
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4 bd, 2 ba | 2,229 sqft | Built in 1977

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List Price
$285,000

Initial Investment

$77,663

Purchase Price

$285,000

Down Payment

25%

Rent

$2,140

Total Return

$80,694

Annualized Return

16.0%

Cap Rate

6.5%

Gross Yield

9.0%

Cash Flow

$1,957

Appreciation

4.5%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

11,040

HOA

None

Flood Risk

Not Required

Welcome to this 4 Bedroom 2 Bath oasis with 2 Living Areas (downstairs game room could be 5th Bedroom). The
heart of this home is the stunning kitchen with granite countertops and tons of counter and cabinet space. Whether you're an aspiring chef or a casual cook, you'll appreciate this large kitchen that opens to the breakfast nook and living area. The two spacious living areas are perfect for both formal gatherings and cozy movie nights. The versatility of these spaces allows you to customize your living experience. The freshly painted interiors in neutral tones throughout to provide a blank canvas for your personal decor and design ideas. Enjoy the serenity of nature with the mature trees. These natural beauties provide shade and tranquility, making it an ideal spot for relaxation and outdoor gatherings. A brand-new fence encloses your private haven. Detached shed could be used for storage or a fun indoor/outdoor living space. Close to the updated New Orleans Square area with an abundance of shopping and dining, Easy access to the Creek Turnpike.

See more in Analysis
Garrett Ayers
The Investor's Broker, LLC
OK Agent License #171032

Annual Financial Highlights

Expected Rent

$24,396

Expenses

-$4,345

Property Taxes

-$2,600

Loan Payments

-$15,494

Net Cash Flow

$1,957

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Last Updated: 09/11/2023 19:09
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