1220 S 8th StPonca CityOK74601
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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
Investment property for sale in Ponca City at 1220 S 8th St, Ponca City, OK, 74601 offers a 10.38% rental yield on a $315,000 purchase with $2,724/mo rent. Total monthly income registers $2,724/mo, and a $1,542/mo payment leaves $712/mo available for distribution. Annual cash flow reaches $8,545/yr on $104,423 to close, and return on cash invested stands at 28.09% in year one. Equity gained on principal adds $2,033/yr while 5% annual appreciation supports $87,029 over five years. Portfolio math shows five-year ROI at 147.02% and total cumulative return in cash at $153,521. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,724/mo property income against a $1,542/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1924
0.56 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
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Listed by: Liz Greene • Keller Williams Realty Select - Ponca City
Mls Name: North Central BOR (OK)
Mls ID: #40803