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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

3713 Larkspur Dr Ponca City, OK 74604

3 Beds 2 Baths 2,063 sqft Built 1974
Last updated:  Jan 23, 2020

INVESTimate

$160,239

$152K - $169K

Price Est.

$1,273

$1.1K - $1.4K

Rent Est.

$164,742  ( +2.81%)   1 YR EST. FORECAST
  
  
  

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3713 Larkspur Dr PROPERTY INFO

FACTS
  • Built In 1974
  • Price/Sqft : $77.67
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,063 sqft
  • Baths : 2 Full

3713 Larkspur Dr SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
WOODLANDS ELEMENTARY SCHOOL Primary Regular 350 19 8
PONCA CITY WEST MIDDLE SCHOOL Middle Regular 740 50 8
PONCA CITY HIGH SCHOOL High Regular 1,571 87 4

WOODLANDS ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 350
  • # of teachers: 19
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 43% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,273 per month.

MY RENT : $1,273 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 $1,273 would therefore be considered affordable for annual household incomes greater than $50,920 (12 months x 3.333 x $1,273).

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 2,539 of households in this neighborhood have a total annual income of $50,920 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,273 per month.

MINIMUM INCOME RANGE : $50,920

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 43% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,273 per month.

MY RENT : $1,273 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 $1,273 would therefore be considered affordable for annual household incomes greater than $50,920 (12 months x 3.333 x $1,273).

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 2,539 of households in this neighborhood have a total annual income of $50,920 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,273 per month.

MINIMUM INCOME RANGE : $50,920

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%

3713 Larkspur Dr Comps

Sorry, we do not have sufficient data available.

3713 Larkspur Dr, Ponca City, OK 74604 is a single family home of 2,063 sqft. HomeUnion INVESTimateĀ® for 3713 Larkspur Dr includes a Price Estimate of $160,239 and a Rent Estimate of $1,273. This single family home has 3 bedrooms,2 bathrooms, and was built in 1974. This property has an estimated 15 year annualized Yield of 9.53% and Total Return of 20.13%. The estimated 1 year forecast in home value for 3713 Larkspur Dr 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

Nearest zipcodes within 2 miles

  1. 74601