19204 SE Bishop RdLawtonOK73501
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play19204 SE Bishop Rd, Lawton, OK, 73501 in Lawton is priced for appreciation, not yield. Rental yield 4.2%. At $299,900 with a 4.2% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $82,857 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.78) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $58,291.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.2% | 6.5% |
| Monthly Cash Flow | $(865) | $300 |
City averages based on Lawton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,050 |
| Total Monthly Debt Service | $1,796 |
| DSCR Ratio | 0.58x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2010
10 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Manufactured
Built in 2010
10 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices