3107 NE Heritage DrLawtonOK73507
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
Investment Highlights
Investment property for sale in Lawton at 3107 NE Heritage Dr, Lawton, OK, 73507 uses $91,163 cash to close to unlock $5,853/yr annual cash flow and $488/mo monthly cash flow. Total monthly income runs $2,244/mo, and a $1,346/mo payment keeps the spread at $488/mo. Purchase price stands at $275,000, and rental yield measures 9.79% with $2,244/mo rent. Return on cash invested shows 26.33% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 137.54% and total cumulative return in cash records $125,387. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,244/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 1988
1 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