2237 John StPonca 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
Investment property for sale in Ponca City at 2237 John St, Ponca City, OK, 74601 uses $39,780 cash to close to unlock $2,160/yr annual cash flow and $180/mo monthly cash flow. Total monthly income runs $946/mo, and a $587/mo payment keeps the spread at $180/mo. Purchase price stands at $120,000, and rental yield measures 9.46% with $946/mo rent. Return on cash invested shows 25.34% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 132.2% and total cumulative return in cash records $52,591. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $946/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1954
8,763 sqft 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: Russell Didlake • Keller Williams Realty Select - Ponca City
Mls Name: North Central BOR (OK)
Mls ID: #40384
Disclaimer: Copyright North Central Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.