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Cap Rate Analysis: Ponca City, OK

Investment metrics, interactive calculators, and data-driven analysis for Ponca City rental properties.

Market data powered by Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) · Updated Feb 2026

Strong investment fundamentals
Based on $110,000 median price and $840/mo median rent
Est. Cap Rate
6.95%
1% Rule
0.76%
Fails
GRM
10.9x
Price / Income
2.0x

Market Data

Median Home Price$110,000
Median Monthly Rent$840
Property Tax Rate0.88%
Population50,000
Population Growth0.9% / yr
Median Household Income$56,350
Vacancy Rate5.8%
Annual Appreciation2.5%

Cap Rate Calculator — Ponca City

Pre-filled with Ponca City medians. Adjust to match a specific property.

Property Details
$
$
3–8% typical
%
Monthly Expenses
0.88% rate
$
$
8–10% of rent
$
8–12% of rent
$
Cap Rate
5.70%Moderate
Net Operating Income ÷ Purchase Price
NOI / Year
$6,267
net operating income
Gross Rent Multiplier
10.9x
Good (<15)
1% Rule
0.76%
✗ Fails
Monthly Cash Flow
$522
before debt service
Annual Breakdown
Gross Rental Income$10,080
Less Vacancy−$585
Effective Income$9,495
Less Operating Expenses−$3,228
Net Operating Income$6,267
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Cash-on-Cash Return — Ponca City

Factor in financing to see your actual return on invested capital in Ponca City.

$
$27,500
%
%
years
$
taxes + ins + maint + mgmt
$
$
Cash-on-Cash Return
-1.98%Weak
Annual Cash Flow ÷ Total Cash Invested
Total Cash Invested
$30,800
$27,500 down + $3,300 closing
Monthly Mortgage
$538
on $83K loan
Monthly Cash Flow
$-51
after all expenses
Annual Cash Flow
$-610
before taxes
Cash Flow Breakdown
Monthly Rent$840
Less Expenses−$353
Less Mortgage−$538
Monthly Cash Flow$-51

Is Ponca City a Good Place to Invest in Rental Property?

Ponca City, OK has a population of 50,000 and has been growing at 0.9% annually — roughly in line with national trends, meaning demand is stable but not exceptional. The median home price of $110,000 paired with median rents of $840/mo produces an estimated cap rate of 6.95%.

Property taxes at 0.88% fall within the national average range and shouldn't present unusual challenges. The vacancy rate of 5.8% is moderate and within normal parameters for a healthy rental market.

At a price-to-income ratio of 2.0x, homes cost about 2.0 times the local median income of $56,350. This relatively affordable ratio suggests a deep pool of renters who find buying out of reach, supporting rental demand. Home values have appreciated at roughly 2.5% annually. Steady appreciation means total returns will be primarily cash flow-driven — the more sustainable model for long-term wealth building.

Bottom line: Ponca City offers attractive fundamentals for rental investors. low taxes, and cap rates above 6% put it in the upper tier of investable markets.

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