35 Raintree St

Ponca City, OK 74604
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3 bd, 2 ba | 2,420 sqft | Built in 1984

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List Price
$199,997

Initial Investment

$54,499

Purchase Price

$199,997

Down Payment

25%

Rent

$1,190

Total Return

$45,735

Annualized Return

12.5%

Cap Rate

4.9%

Gross Yield

7.1%

Cash Flow

-$1,702

Appreciation

4.9%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

16,622

HOA

$0/mo

Flood Risk

Not Required

Don't miss out on this beautiful 3 bed and 2 bath spacious home on a tree filled calm street. Home features carpet and tile all throughout, spacious kitchen, living areas and sits on an acre lot just on the outskirst of town. Property is being sold as is. Call today and schedule a showing, this one won’t last long!

See more in Analysis
Garrett Ayers
The Investor's Broker, LLC
OK Agent License #171032

Annual Financial Highlights

Expected Rent

$13,566

Expenses

-$2,415

Property Taxes

-$1,980

Loan Payments

-$10,873

Net Cash Flow

-$1,702

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Ravi Singh
Agent License 175968
Elite Real Estate Group
Certified Agent Brokerage:Garrett Ayers
The Investor's Broker, LLC
OK Brokerage License 182658
SourceOklahoma City, OK
MLS #1107741
Last Updated: 04/10/2024 18:04
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.