2421 Meadow LnPonca 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 2421 Meadow Ln, Ponca City, OK, 74604 offers a 11.97% rental yield on a $190,000 purchase with $1,895/mo rent. Total monthly income registers $1,895/mo, and a $930/mo payment leaves $682/mo available for distribution. Annual cash flow reaches $8,179/yr on $62,985 to close, and return on cash invested stands at 32.89% in year one. Equity gained on principal adds $1,226/yr while 5% annual appreciation supports $52,494 over five years. Portfolio math shows five-year ROI at 172.77% and total cumulative return in cash at $108,816. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,895/mo property income against a $930/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
10,312 sqft 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: Becky Poet • Coldwell Banker Heritage, REALTORS
Mls Name: North Central BOR (OK)
Mls ID: #40463
Disclaimer: Copyright North Central Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.