1018 S 9th StPonca CityOK74601
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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 Ponca City at 1018 S 9th St, Ponca City, OK, 74601 offers a 9.35% rental yield on a $124,900 purchase with $973/mo rent. Total monthly income registers $973/mo, and a $611/mo payment leaves $176/mo available for distribution. Annual cash flow reaches $2,108/yr on $41,404 to close, and return on cash invested stands at 25% in year one. Equity gained on principal adds $806/yr while 5% annual appreciation supports $34,508 over five years. Portfolio math shows five-year ROI at 130.44% and total cumulative return in cash at $54,010. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $973/mo property income against a $611/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74601, Ponca City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,925 (100%) |
| Owner Occupied HU | 4,136 (46.3%) |
| Renter Occupied HU | 3,165 (35.5%) |
| Vacant Housing Units | 1,624 (18.2%) |
| Median Home Value | $95,506 |
| Average Home Value | $124,651 |
Housing Distribution
Address Breakdown
Residential
8,039
Single Family
7,901
Multi-Family
138
Businesses
949
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Listed by: Robin Smith • The Ponca City Real Estate Company
Mls Name: North Central BOR (OK)
Mls ID: #40558