2304 Cardinal 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
Investment property for sale in Ponca City at 2304 Cardinal Rd, Ponca City, OK, 74604 earns $1,393/mo cash flow from $4,043/mo rent with a $2,031/mo payment. Total monthly income totals $4,043/mo, and annual cash flow totals $16,716/yr on $137,573 capital. ROI tracks 32.06% on current figures, and rental yield reads 11.69% at a $415,000 purchase. Equity gained on principal adds $2,678/yr, and 5% annual appreciation supports $114,657 over five years. Five-year ROI reaches 168.25% and total cumulative return in cash sums $231,465. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,043/mo property income instead of your personal income.
Single Family
Built in 1969
0.33 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: Liz Greene • Keller Williams Realty Select - Ponca City
Mls Name: North Central BOR (OK)
Mls ID: #40876