1401 SW E AveLawtonOK73501
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Lawton at 1401 SW E Ave, Lawton, OK, 73501 priced at $960,000 pairs $835/mo rent with after a $4,699/mo payment. Total monthly income equals $835/mo. Return on cash invested is -0.06% in year one, and rental yield stands at 1.04% on a $960,000 basis. Equity gained on principal adds $6,195/yr, and 5% annual appreciation accumulates to $265,230 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $835/mo property income against a $4,699/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1983
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73501, Lawton, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,537 (100%) |
| Owner Occupied HU | 2,954 (34.6%) |
| Renter Occupied HU | 3,810 (44.6%) |
| Vacant Housing Units | 1,773 (20.8%) |
| Median Home Value | $139,401 |
| Average Home Value | $184,745 |
Housing Distribution
Address Breakdown
Residential
7,638
Single Family
6,191
Multi-Family
1,447
Businesses
1,251
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Listed by: Nikki Thurman • NEXT HOME TRI-COVENANT REALTY
Mls Name: Lawton BOR
Mls ID: #168454
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.