2302 NW Ivanhoe PlLawtonOK73505
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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 2302 NW Ivanhoe Pl, Lawton, OK, 73505 uses $58,013 cash to close to unlock $4,804/yr annual cash flow and $400/mo monthly cash flow. Total monthly income runs $1,520/mo, and a $857/mo payment keeps the spread at $400/mo. Purchase price stands at $175,000, and rental yield measures 10.42% with $1,520/mo rent. Return on cash invested shows 28.19% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 147.56% and total cumulative return in cash records $85,603. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,520/mo property income covering a $857/mo payment rather than investor’s personal income.
Single Family
Built in 1976
10,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73505, Lawton, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,655 (100%) |
| Owner Occupied HU | 9,894 (43.7%) |
| Renter Occupied HU | 9,467 (41.8%) |
| Vacant Housing Units | 3,294 (14.5%) |
| Median Home Value | $171,332 |
| Average Home Value | $208,229 |
Housing Distribution
Address Breakdown
Residential
21,147
Single Family
19,322
Multi-Family
1,825
Businesses
1,041
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Listed by: LAUREN BROWN • CENTURY 21 FIRST CHOICE REALTY
Mls Name: Lawton BOR
Mls ID: #169346
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.