228 NE 124th StLawtonOK73507
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 228 NE 124th St, Lawton, OK, 73507 in Lawton. At $152,900 it earns $1,219/mo in rent and distributes $243/mo to the owner after the $688/mo payment, a consistent 9.57% yield. DSCR 1.77 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $42,243 in value; $1,408/yr in principal paydown compounds ownership stake. Total projected return: $73,704.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.5% |
| Monthly Cash Flow | $243 | $300 |
City averages based on Lawton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,219 |
| Total Monthly Debt Service | $916 |
| DSCR Ratio | 1.33x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 2002
4.60 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
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 2002
4.60 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices