3303 SW Salinas DrLawtonOK73501
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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 3303 SW Salinas Dr, Lawton, OK, 73501 generates $1,307/mo in rent and, after a $832/mo payment, leaves $222/mo in cash flow. Total monthly income is $1,307/mo, and annual cash flow is $2,659/yr on $56,322 invested. Return on cash invested sits at 24.63% in year one, and rental yield is 9.23% on a $169,900 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 128.46% and total cumulative return in cash sums $72,350. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,307/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73501, Lawton, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,537 (100%) |
| Owner Occupied HU | 2,954 (34.6%) |
| Renter Occupied HU | 3,810 (44.6%) |
| Vacant Housing Units | 1,773 (20.8%) |
| Median Home Value | $139,401 |
| Average Home Value | $184,745 |
Housing Distribution
Address Breakdown
Residential
7,638
Single Family
6,191
Multi-Family
1,447
Businesses
1,251
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