1415 NE Independence AveLawtonOK73507
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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
Investment property for sale in Lawton at 1415 NE Independence Ave, Lawton, OK, 73507 earns $55/mo cash flow from $2,795/mo rent with a $2,100/mo payment. Total monthly income totals $2,795/mo, and annual cash flow totals $661/yr on $142,214 capital. ROI tracks 20.37% on current figures, and rental yield reads 7.82% at a $429,000 purchase. Equity gained on principal adds $2,768/yr, and 5% annual appreciation supports $118,525 over five years. Five-year ROI reaches 105.62% and total cumulative return in cash sums $150,205. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,795/mo property income instead of your personal income.
Single Family
Built in 2005
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73507, Lawton, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,229 (100%) |
| Owner Occupied HU | 5,035 (44.8%) |
| Renter Occupied HU | 4,201 (37.4%) |
| Vacant Housing Units | 1,993 (17.7%) |
| Median Home Value | $214,667 |
| Average Home Value | $231,955 |
Housing Distribution
Address Breakdown
Residential
9,580
Single Family
9,314
Multi-Family
266
Businesses
352
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