617 W Otoe 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 617 W Otoe Ave, Ponca City, OK, 74601 offers $891/mo rent that, after a $563/mo payment, leaves $156/mo cash flow. Total monthly income is $891/mo, and annual cash flow is $1,878/yr on $38,123 cash. Return on cash invested measures 24.83% in year one, and rental yield stands at 9.3% at a $115,000 entry. Equity gained on principal adds $742/yr while 5% annual appreciation compounds into $31,772 by year five. Five-year ROI records 129.55% and total cumulative return in cash reaches $49,389. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $891/mo property income versus a $563/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1926
6,000 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: Lanae Demuth • FRONTIER REALTY
Mls Name: Stillwater MLS
Mls Provider:
Mls ID: #131816
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.