121 Hillside AvePonca CityOK74601
Nearby investment properties with comparable rents
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 121 Hillside Ave, Ponca City, OK, 74601 uses $53,040 cash to close to unlock $2,044/yr annual cash flow and $170/mo monthly cash flow. Total monthly income runs $1,192/mo, and a $783/mo payment keeps the spread at $170/mo. Purchase price stands at $160,000, and rental yield measures 8.94% with $1,192/mo rent. Return on cash invested shows 23.76% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 123.85% and total cumulative return in cash records $65,690. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,192/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1955
0.28 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Donna Reid • Coldwell Banker Heritage, REALTORS
Mls Name: North Central BOR (OK)
Mls ID: #40814