8648 E Prospect Ave TRACT 7Ponca 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 8648 E Prospect Ave TRACT 7, Ponca City, OK, 74604 earns $128/mo cash flow from $863/mo rent with a $563/mo payment. Total monthly income totals $863/mo, and annual cash flow totals $1,542/yr on $38,123 capital. ROI tracks 23.95% on current figures, and rental yield reads 9.01% at a $115,000 purchase. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 over five years. Five-year ROI reaches 124.83% and total cumulative return in cash sums $47,589. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $863/mo property income instead of your personal income.
Single Family
Built in N/A
5.15 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: Spencer Grace • Keller Williams Realty Partners
Mls Name: REALSTACK
Mls ID: #39949