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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

2216 Chapel Hill Rd Ponca City, OK 74604

4 Beds 2 Baths 1,850 sqft Built 1985
Last updated:  Jan 23, 2020

INVESTimate

$208,070

$197K - $219K

Price Est.

$1,395

$1.2K - $1.6K

Rent Est.

$213,917  ( +2.81%)   1 YR EST. FORECAST
  
  
  

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2216 Chapel Hill Rd PROPERTY INFO

FACTS
  • Built In 1985
  • Price/Sqft : $112.47
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,850 sqft
  • Baths : 2 Full

2216 Chapel Hill Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
TROUT ELEMENTARY SCHOOL Primary Regular 355 18 8
PONCA CITY WEST MIDDLE SCHOOL Middle Regular 740 50 8
PONCA CITY HIGH SCHOOL High Regular 1,571 87 4

TROUT ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 355
  • # of teachers: 18
8
GreatSchools Rating

PONCA CITY WEST MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 740
  • # of teachers: 50
8
GreatSchools Rating

PONCA CITY HIGH SCHOOL

  • Education Level: High
  • # of students: 1,571
  • # of teachers: 87
4
GreatSchools Rating
 

Financial Details

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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 31% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,395 per month.

MY RENT : $1,395 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 $1,395 would therefore be considered affordable for annual household incomes greater than $55,800 (12 months x 3.333 x $1,395).

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 2,448 of households in this neighborhood have a total annual income of $55,800 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,395 per month.

MINIMUM INCOME RANGE : $55,800

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 31% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,395 per month.

MY RENT : $1,395 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 $1,395 would therefore be considered affordable for annual household incomes greater than $55,800 (12 months x 3.333 x $1,395).

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 2,448 of households in this neighborhood have a total annual income of $55,800 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,395 per month.

MINIMUM INCOME RANGE : $55,800

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%

2216 Chapel Hill Rd Comps

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2216 Chapel Hill Rd, Ponca City, OK 74604 is a single family home of 1,850 sqft. HomeUnion INVESTimateĀ® for 2216 Chapel Hill Rd includes a Price Estimate of $208,070 and a Rent Estimate of $1,395. This single family home has 4 bedrooms,2 bathrooms, and was built in 1985. This property has an estimated 15 year annualized Yield of 8.05% and Total Return of 17.34%. The estimated 1 year forecast in home value for 2216 Chapel Hill Rd is 2.81%.

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

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