10839 E 115th St S

Bixby, OK 74008
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4 bd, 3 ba | 2,230 sqft | Built in 1997

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List Price
$320,000

Initial Investment

$87,200

Purchase Price

$320,000

Down Payment

25%

Rent

$2,160

Total Return

$70,337

Annualized Return

12.6%

Cap Rate

5.7%

Gross Yield

8.1%

Cash Flow

-$271

Appreciation

4.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

7,970

HOA

$10/mo

Flood Risk

Not Required

Beautiful in Bixby! Come home to this well-kept home and this highly sought after corner lot with privacy fencing. Over $40,000 in recent updates provides a move-in ready home. This floor plan showcases an amazing amount of living space with a large vaulted living room anchored by a fireplace and an exceptional game room on the second level. The first level primary bedroom accommodates king-size furniture and the bathroom includes a jetted tub, separate shower and double sinks. The formal dining area is open to the living and provides flex space if needed. The kitchen is beautifully remodeled and open to an eating space with views of the backyard featuring 3 fruit trees. The roof was replaced in 2016 and the exterior paint was recently completed. Home is in excellent condition and sold as is.
See more in Analysis
Garrett Ayers
The Investor's Broker, LLC
OK Agent License #171032

Annual Financial Highlights

Expected Rent

$24,624

Expenses

-$4,508

Property Taxes

-$2,990

Loan Payments

-$17,397

Net Cash Flow

-$271

See more in Financials

Buying Partners

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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Listing Courtesy of:Tracy Ellis
Agent License 159756
Ellis Real Estate Brokerage
Certified Agent Brokerage:Garrett Ayers
The Investor's Broker, LLC
OK Brokerage License 182658
SourceMLS Technology Inc. (Tulsa)
MLS #2510337
Last Updated: 03/13/2025 14:03
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