2 NW Burr Oak DrLawtonOK73507
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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 2 NW Burr Oak Dr, Lawton, OK, 73507 priced at $415,000 converts $2,834/mo rent into $167/mo cash flow after a $2,031/mo obligation. Total monthly income equals $2,834/mo, and annual cash flow totals $2,000/yr on $137,573 invested. Return on cash invested prints 21.36% in year one, and rental yield reads 8.19% against a $415,000 entry. Equity gained on principal adds $2,678/yr, while 5% annual appreciation compiles into $114,657 by year five. Five-year ROI reaches 110.95% and total cumulative return in cash sums $152,637. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,834/mo property income covering a $2,031/mo payment, not borrower’s personal income.
Single Family
Built in 2003
1.16 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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Listed by: Shannon Sherman • SHERMAN REALTY LLC
Mls Name: Lawton BOR
Mls ID: #168423
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.