204 Hillside AvePonca 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
Rental property for sale in Ponca City at 204 Hillside Ave, Ponca City, OK, 74601 priced at $120,000 converts $946/mo rent into $180/mo cash flow after a $587/mo obligation. Total monthly income equals $946/mo, and annual cash flow totals $2,160/yr on $39,780 invested. Return on cash invested prints 25.34% in year one, and rental yield reads 9.46% against a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,154 by year five. Five-year ROI reaches 132.2% and total cumulative return in cash sums $52,591. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $946/mo property income covering a $587/mo payment, not borrower’s personal income.
Single Family
Built in 1949
0.37 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: Justin Kling • Reed & Kling Real Estate and Auction, LLC
Mls Name: My State MLS
Mls ID: #11540919