118 W Cedar DrPond CreekOK73766
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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 Pond Creek at 118 W Cedar Dr, Pond Creek, OK, 73766 priced at $189,000 pairs $930/mo rent with after a $925/mo payment. Total monthly income equals $930/mo. Return on cash invested is 14.61% in year one, and rental yield stands at 5.9% on a $189,000 basis. Equity gained on principal adds $1,220/yr, and 5% annual appreciation accumulates to $52,217 by year five. Five-year ROI measures 74.73% and total cumulative return in cash reaches $46,822. For financing, Ziffy Mortgage’s DSCR program evaluates $930/mo property income against a $925/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1907
7,492 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73766, Pond Creek, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 443 (100%) |
| Owner Occupied HU | 269 (60.7%) |
| Renter Occupied HU | 106 (23.9%) |
| Vacant Housing Units | 68 (15.3%) |
| Median Home Value | $124,432 |
| Average Home Value | $193,820 |
Housing Distribution
Address Breakdown
Residential
305
Single Family
305
Multi-Family
0
Businesses
34
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Listed by: Juliet Mallon • Keller Williams Advantage
Mls Name: MLS Technology, Inc.
Mls ID: #2529333