Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
This page contains aggregated information about each property, and is not intended to serve as an appraisal. Projections for accumulated wealth, cash flow and equity are based on predictive models used to analyze big data on more than 110 million homes. Learn more about INVESTimate

...MORE

This page contains aggregated information about each property, and is not intended to serve as an appraisal. Projections for accumulated wealth, cash flow and equity are based on predictive models used to analyze big data on more than 110 million homes. Learn more about INVESTimate

18 Raintree St Ponca City, OK 74604

5 Beds 4 Baths 2,352 sqft Built 2008
Last updated:  Nov 28, 2019

INVESTimate

$297,920

$282K - $314K

Price Est.

$1,945

$1.7K - $2.2K

Rent Est.

$306,292  ( +2.81%)   1 YR EST. FORECAST
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 27440 N ALMA SCHOOL Parkway #33-2 Scottsdale, AZ
    • 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 1206 WALES DRIVE Killeen, TX
    • 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units
    AVAILABLE
    • 15.00% GROSS YIELD
    • $10,795 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $160,000
    • $53,900
    • $2,000
  • 4211 Brookhead Trail Houston, TX
    • 3 beds 2 baths ∙ 1,713 Sqft ∙ Built 1980 ∙ 1units 3 beds 2 baths ∙ 1,713 Sqft ∙ Built 1980 ∙ 1units
    AVAILABLE
    • 14.02% GROSS YIELD
    • $7,950 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $119,000
    • $37,285
    • $1,390
  • 533 NARROW BROOK DRIVE Indianapolis, IN
    • 4 beds 3 baths ∙ 1,602 Sqft ∙ Built 2007 ∙ 1units 4 beds 3 baths ∙ 1,602 Sqft ∙ Built 2007 ∙ 1units
    AVAILABLE
    • 13.93% GROSS YIELD
    • $8,115 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $102,500
    • $32,912
    • $1,190

18 Raintree St PROPERTY INFO

FACTS
  • Built In 2008
  • Price/Sqft : $126.67
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,352 sqft
  • Baths : 4 Full

18 Raintree St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
MCCORD PUBLIC SCHOOL Primary Regular 239 15 10
MCCORD PUBLIC SCHOOL Middle Regular 239 15 10

MCCORD PUBLIC SCHOOL

  • Education Level: Primary
  • # of students: 239
  • # of teachers: 15
10
GreatSchools Rating

MCCORD PUBLIC SCHOOL

  • Education Level: Middle
  • # of students: 239
  • # of teachers: 15
10
GreatSchools Rating
 

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

PONCA CITY

  • 12,629

    POPULATION
  • 5,069

    HOUSEHOLDS
  • 64.1%

    WHITE COLLAR

Neighborhood : PONCA CITY

HOUSEHOLDS
5,069
POPULATION

12,629

19.3%Renters
80.7%Home Owners
LABOR FORCE

 

64.1%White Collar
35.9%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 21% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,945 per month.

MY RENT : $1,945 MEDIAN RENT : $1,158

Rent % Distribution LEVEL
$500-699 1.6%
$700-899 14.1%
$900-999 14.3%
$1,000-1,499 49.4%
>=$1,500 20.6%
Household Rent Affordability

According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $1,945 would therefore be considered affordable for annual household incomes greater than $77,800 (12 months x 3.333 x $1,945).

Rent % Affordability
Above $500 84.4%
Above $700 76.8%
Above $1,100 60.8%
Above $1,500 46.7%
Above $1,900 35.9%
HOUSEHOLD INCOME RANGE

Approximately 1,524 of households in this neighborhood have a total annual income of $77,800 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,945 per month.

MINIMUM INCOME RANGE : $77,800

Income % Distribution
<$20K 15.6%
$20K-$35K 15.5%
$35K-$60K 22.2%
$60K-$100K 21.4%
>=$100K 25.3%
COMMUTE TIME DISTRIBUTION

35% of the working population has a commute time of 15 to 44 minutes, 57% has a commute time of 14 minutes or less and 9% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.5%
5-9 mins 19.0%
10-14 mins 33.1%
15-19 mins 16.7%
20-29 mins 11.8%
30-44 mins 6.1%
45-59 mins 3.0%
>60 mins 5.8%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 21% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,945 per month.

MY RENT : $1,945 MEDIAN RENT : $1,158

Rent % Distribution
$500-699 1.6%
$700-899 14.1%
$900-999 14.3%
$1,000-1,499 49.4%
>=$1,500 20.6%
Household Rent Affordability

According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $1,945 would therefore be considered affordable for annual household incomes greater than $77,800 (12 months x 3.333 x $1,945).

Rent % Affordability
Above $500 84.4%
Above $700 76.8%
Above $1,100 60.8%
Above $1,500 46.7%
Above $1,900 35.9%
HOUSEHOLD INCOME RANGE

Approximately 1,524 of households in this neighborhood have a total annual income of $77,800 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,945 per month.

MINIMUM INCOME RANGE : $77,800

Income % Distribution
<$20K 15.6%
$20K-$35K 15.5%
$35K-$60K 22.2%
$60K-$100K 21.4%
>=$100K 25.3%
COMMUTE TIME DISTRIBUTION

35% of the working population has a commute time of 15 to 44 minutes, 57% has a commute time of 14 minutes or less and 9% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.5%
5-9 mins 19.0%
10-14 mins 33.1%
15-19 mins 16.7%
20-29 mins 11.8%
30-44 mins 6.1%
45-59 mins 3.0%
>60 mins 5.8%

PONCA CITY Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 9.1%
Educational Services 9.8%
Health Care & Social Assistance 12.3%
Manufacturing 16.0%
Retail & Wholesale Trader 16.3%
Transportation 6.0%
Other 30.5%
AGE DISTRIBUTION

45% of the population is between the ages of 25 and 64, 32% is 24 or younger and 23% is 65 or older.

Age % Distribution
<15 20.4%
15-19 6.4%
20-24 4.7%
25-44 19.0%
45-65 26.3%
66+ 23.1%
OCCUPATION

Occupation % Distribution
Construction 6.7%
Healthcare 7.1%
Management, Business, & Financial 18.2%
Natural Resources Maintenance 10.5%
Production & Transportation 16.7%
Sales & Office 23.0%
Other 17.8%
HIGHEST EDUCATION LEVEL

18% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 10.4%
High School 27.9%
Masters Degree 4.8%
Some College 22.1%
Some High School 7.5%
Other 27.3%

18 Raintree St Comps

Sorry, we do not have sufficient data available.

18 Raintree St, Ponca City, OK 74604 is a single family home of 2,352 sqft. HomeUnion INVESTimate¬ģ for 18 Raintree St includes a Price Estimate of $297,920 and a Rent Estimate of $1,945. This single family home has 5 bedrooms,4 bathrooms, and was built in 2008. This property has an estimated 15 year annualized Yield of 7.83% and Total Return of 18.86%. The estimated 1 year forecast in home value for 18 Raintree St is 2.81%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OK , OSAGE County , or the 74604 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Similar Investment Properties By Bed/Bath within 2 miles

  1. 10 E Hillcrest Dr
  2. 8 Hillcrest Dr
  3. 13 Hillcrest Dr

Nearest zipcodes within 2 miles

  1. 74637
  2. 74601
  3. 74006