418 SE Lancelot LnLawtonOK73501
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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 418 SE Lancelot Ln, Lawton, OK, 73501 priced at $235,000 converts $2,228/mo rent into $683/mo cash flow after a $1,150/mo obligation. Total monthly income equals $2,228/mo, and annual cash flow totals $8,196/yr on $77,903 invested. Return on cash invested prints 30.43% in year one, and rental yield reads 11.38% against a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation compiles into $64,926 by year five. Five-year ROI reaches 159.76% and total cumulative return in cash sums $124,456. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,228/mo property income covering a $1,150/mo payment, not borrower’s personal income.
Single Family
Built in 1997
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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Listed by: REEDY A DALY • REAL ESTATE EXPERTS
Mls Name: Lawton BOR
Mls ID: #168931
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.