14 Sherman LnPonca 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
Rental property for sale in Ponca City at 14 Sherman Ln, Ponca City, OK, 74604 priced at $419,000 converts $2,609/mo rent into after a $2,051/mo obligation. Total monthly income equals $2,609/mo. Return on cash invested prints 19.33% in year one, and rental yield reads 7.47% against a $419,000 entry. Equity gained on principal adds $2,704/yr, while 5% annual appreciation compiles into $115,762 by year five. Five-year ROI reaches 99.99% and total cumulative return in cash sums $138,881. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,609/mo property income covering a $2,051/mo payment, not borrower’s personal income.
Single Family
Built in 1985
0.36 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: Becky Poet • Coldwell Banker Heritage, REALTORS
Mls Name: North Central BOR (OK)
Mls ID: #40296
Disclaimer: Copyright North Central Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.