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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

530 N 7th St Ponca City, OK 74601

3 Beds 1 Baths 1,052 sqft Built 1949
Last updated:  Jan 23, 2020

INVESTimate

$54,704

$50.7K - $58.7K

Price Est.

$692

614 - 770

Rent Est.

$55,984  ( +2.34%)   1 YR EST. FORECAST
  
  
  

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530 N 7th St PROPERTY INFO

FACTS
  • Built In 1949
  • Price/Sqft : $52.00
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,052 sqft
  • Baths : 1 Full

530 N 7th St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
ROOSEVELT ELEMENTARY SCHOOL Primary Regular 362 20 5
PONCA CITY WEST MIDDLE SCHOOL Middle Regular 740 50 8
PONCA CITY HIGH SCHOOL High Regular 1,571 87 4

ROOSEVELT ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 362
  • # of teachers: 20
5
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

  • 19,016

    POPULATION
  • 7,358

    HOUSEHOLDS
  • 44.6%

    WHITE COLLAR

Neighborhood : PONCA CITY

HOUSEHOLDS
7,358
POPULATION

19,016

40.5%Renters
59.5%Home Owners
LABOR FORCE

 

44.6%White Collar
55.4%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 62% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $692 per month.

MY RENT : $692 MEDIAN RENT : $728

Rent % Distribution LEVEL
$400-699 39.8%
$700-899 39.9%
$900-999 6.5%
$1,000-1,499 13.0%
>=$1,500 0.8%
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 $692 would therefore be considered affordable for annual household incomes greater than $27,680 (12 months x 3.333 x $692).

Rent % Affordability
Above $500 76.5%
Above $700 65.1%
Above $1,100 45.9%
Above $1,500 32.4%
Above $1,900 21.9%
HOUSEHOLD INCOME RANGE

Approximately 17,440 of households in this neighborhood have a total annual income of $27,680 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $692 per month.

MINIMUM INCOME RANGE : $27,680

Income % Distribution
<$20K 23.5%
$20K-$35K 19.6%
$35K-$60K 24.6%
$60K-$100K 20.3%
>=$100K 12.1%
COMMUTE TIME DISTRIBUTION

29% of the working population has a commute time of 15 to 44 minutes, 64% has a commute time of 14 minutes or less and 7% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 8.3%
5-9 mins 28.5%
10-14 mins 27.2%
15-19 mins 10.0%
20-29 mins 11.3%
30-44 mins 7.4%
45-59 mins 2.9%
>60 mins 4.4%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 62% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $692 per month.

MY RENT : $692 MEDIAN RENT : $728

Rent % Distribution
$400-699 39.8%
$700-899 39.9%
$900-999 6.5%
$1,000-1,499 13.0%
>=$1,500 0.8%
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 $692 would therefore be considered affordable for annual household incomes greater than $27,680 (12 months x 3.333 x $692).

Rent % Affordability
Above $500 76.5%
Above $700 65.1%
Above $1,100 45.9%
Above $1,500 32.4%
Above $1,900 21.9%
HOUSEHOLD INCOME RANGE

Approximately 17,440 of households in this neighborhood have a total annual income of $27,680 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $692 per month.

MINIMUM INCOME RANGE : $27,680

Income % Distribution
<$20K 23.5%
$20K-$35K 19.6%
$35K-$60K 24.6%
$60K-$100K 20.3%
>=$100K 12.1%
COMMUTE TIME DISTRIBUTION

29% of the working population has a commute time of 15 to 44 minutes, 64% has a commute time of 14 minutes or less and 7% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 8.3%
5-9 mins 28.5%
10-14 mins 27.2%
15-19 mins 10.0%
20-29 mins 11.3%
30-44 mins 7.4%
45-59 mins 2.9%
>60 mins 4.4%

PONCA CITY Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 15.6%
Construction 6.7%
Educational Services 6.7%
Health Care & Social Assistance 12.3%
Manufacturing 15.2%
Retail & Wholesale Trader 14.0%
Other 29.5%
AGE DISTRIBUTION

49% of the population is between the ages of 25 and 64, 36% is 24 or younger and 15% is 65 or older.

Age % Distribution
<15 21.7%
15-19 7.3%
20-24 7.0%
25-44 25.6%
45-65 23.8%
66+ 14.7%
OCCUPATION

Occupation % Distribution
Education 4.7%
Healthcare 7.4%
Management, Business, & Financial 10.3%
Natural Resources Maintenance 15.5%
Production & Transportation 21.1%
Sales & Office 22.1%
Other 18.9%
HIGHEST EDUCATION LEVEL

14% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 10.9%
High School 35.0%
Masters Degree 2.6%
Some College 23.2%
Some High School 16.9%
Other 11.5%

530 N 7th St Comps

Sorry, we do not have sufficient data available.

530 N 7th St, Ponca City, OK 74601 is a single family home of 1,052 sqft. HomeUnion INVESTimateĀ® for 530 N 7th St includes a Price Estimate of $54,704 and a Rent Estimate of $692. This single family home has 3 bedrooms,1 bathrooms, and was built in 1949. This property has an estimated 15 year annualized Yield of 15.18% and Total Return of 23.74%. The estimated 1 year forecast in home value for 530 N 7th St is 2.34%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OK , KAY County , or the 74601 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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