137 N McCord RdPonca CityOK74604
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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 137 N McCord Rd, Ponca City, OK, 74604 listed at $290,000 pairs $1,948/mo rent with a $1,419/mo payment to leave $96/mo cash flow. Total monthly income runs $1,948/mo, and annual cash flow reaches $1,157/yr on $96,135 cash to close. Return on cash invested measures 21.11% in year one, and rental yield registers 8.06% at a $290,000 basis. Equity gained on principal adds $1,871/yr, and annual property appreciation at 5% supports $80,122 by year five. Five-year ROI tracks 109.58% and total cumulative return in cash totals $105,340. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,948/mo property income relative to a $1,419/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
4.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74604, Ponca City, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,604 (100%) |
| Owner Occupied HU | 3,986 (71.1%) |
| Renter Occupied HU | 1,055 (18.8%) |
| Vacant Housing Units | 563 (10.0%) |
| Median Home Value | $215,549 |
| Average Home Value | $268,959 |
Housing Distribution
Address Breakdown
Residential
5,395
Single Family
5,007
Multi-Family
388
Businesses
139
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Listed by: Melissa Cecena • Keller Williams Realty Select - Ponca City
Mls Name: North Central BOR (OK)
Mls ID: #40944