2608 NW Stone Hill DrLawtonOK73505
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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 2608 NW Stone Hill Dr, Lawton, OK, 73505 generates $4,326/mo in rent, after a $3,353/mo payment. Total monthly income is $4,326/mo. Return on cash invested sits at 19.27% in year one, and rental yield is 7.58% on a $685,000 entry. Equity gained on principal adds $4,420/yr, while 5% annual appreciation builds toward $189,253 over five years. Five-year ROI reaches 99.83% and total cumulative return in cash sums $224,986. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,326/mo property income rather than buyer’s personal income.
Single Family
Built in 1991
N/A 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: James Lengele • COLDWELL BANKER SALUTE
Mls Name: Lawton BOR
Mls ID: #168606
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.