2023 Turner StPonca 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 2023 Turner St, Ponca City, OK, 74604 offers $1,272/mo rent that, after a $783/mo payment, leaves $250/mo cash flow. Total monthly income is $1,272/mo, and annual cash flow is $3,004/yr on $53,040 cash. Return on cash invested measures 25.57% in year one, and rental yield stands at 9.54% at a $160,000 entry. Equity gained on principal adds $1,032/yr while 5% annual appreciation compounds into $44,205 by year five. Five-year ROI records 133.55% and total cumulative return in cash reaches $70,838. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,272/mo property income versus a $783/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
N/A 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: Courtney Mullin • Keller Williams Realty Select - Ponca City
Mls Name: North Central BOR (OK)
Mls ID: #40841