228 NE 124th StLawtonOK73507
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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 228 NE 124th St, Lawton, OK, 73507 generates $1,148/mo in rent and, after a $748/mo payment, leaves $172/mo in cash flow. Total monthly income is $1,148/mo, and annual cash flow is $2,063/yr on $50,686 invested. Return on cash invested sits at 23.98% in year one, and rental yield is 9.01% on a $152,900 entry. Equity gained on principal adds $987/yr, while 5% annual appreciation builds toward $42,243 over five years. Five-year ROI reaches 124.92% and total cumulative return in cash sums $63,316. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,148/mo property income rather than buyer’s personal income.
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
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