5103 NW Cherry AveLawtonOK73505
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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
Investment property for sale in Lawton at 5103 NW Cherry Ave, Lawton, OK, 73505 offers a 7.92% rental yield on a $220,000 purchase with $1,452/mo rent. Total monthly income registers $1,452/mo, and a $1,077/mo payment leaves $47/mo available for distribution. Annual cash flow reaches $562/yr on $72,930 to close, and return on cash invested stands at 20.68% in year one. Equity gained on principal adds $1,420/yr while 5% annual appreciation supports $60,782 over five years. Portfolio math shows five-year ROI at 107.23% and total cumulative return in cash at $78,203. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,452/mo property income against a $1,077/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
10,800 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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