114 W Jackson St

Broken Arrow, OK 74012
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3 bd, 2 ba | 1,651 sqft | Built in 1970

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List Price
$189,000

Initial Investment

$51,503

Purchase Price

$189,000

Down Payment

25%

Rent

$1,430

Total Return

$58,344

Annualized Return

16.6%

Cap Rate

6.0%

Gross Yield

9.1%

Cash Flow

$382

Appreciation

5.3%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

7,000

HOA

None

Flood Risk

Not Required

This 3 bed, 1 full bath, 1 half bath is just one block west of Broken Arrow's main street and a block south of the Broken Arrow Performing Arts Center. close to BA's popular Rose District! Exciting investment opportunity to be a part of the growth of downtown Broken Arrow. Newly painted white walls throughout interior and brand new flooring. Adjoining lot to the west 823 S Ash Ave (mls 2425998) is available for $79,000. Two lots in the same block, immediately to the north of property are available, 151 W Indianola St (mls 2425994) for $120,000 and 123 W Indianola St (mls 2425988) for $100,000.

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Garrett Ayers
The Investor's Broker, LLC
OK Agent License #171032

Annual Financial Highlights

Expected Rent

$16,302

Expenses

-$2,915

Property Taxes

-$2,730

Loan Payments

-$10,275

Net Cash Flow

$382

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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Listing Courtesy of:Leland Chinowth
Agent License 149463
Chinowth & Cohen
Certified Agent Brokerage:Garrett Ayers
The Investor's Broker, LLC
OK Brokerage License 182658
SourceMLS Technology Inc. (Tulsa)
MLS #2510274
Last Updated: 03/11/2025 22:03
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