340 NW 62nd StLawtonOK73505
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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 340 NW 62nd St, Lawton, OK, 73505 generates $794/mo in rent and, after a $489/mo payment, leaves $156/mo in cash flow. Total monthly income is $794/mo, and annual cash flow is $1,870/yr on $33,150 invested. Return on cash invested sits at 25.55% in year one, and rental yield is 9.53% on a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 133.37% and total cumulative return in cash sums $44,212. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $794/mo property income rather than buyer’s personal income.
Single Family
Built in 1967
7,296 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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