1704 Monument 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
Rental property for sale in Ponca City at 1704 Monument Rd, Ponca City, OK, 74604 generates $2,306/mo in rent and, after a $918/mo payment, leaves $1,108/mo in cash flow. Total monthly income is $2,306/mo, and annual cash flow is $13,300/yr on $62,156 invested. Return on cash invested sits at 41.31% in year one, and rental yield is 14.76% on a $187,500 entry. Equity gained on principal adds $1,210/yr, while 5% annual appreciation builds toward $51,803 over five years. Five-year ROI reaches 217.9% and total cumulative return in cash sums $135,439. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,306/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
0.27 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: Corbin Dewitt • Spearhead Realty Group LLC
Mls Name: North Central BOR (OK)
Mls ID: #40446
Disclaimer: Copyright North Central Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.