605 NW Glendale 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
Rental property for sale in Lawton at 605 NW Glendale Dr, Lawton, OK, 73507 offers $948/mo rent that, after a $587/mo payment, leaves $182/mo cash flow. Total monthly income is $948/mo, and annual cash flow is $2,184/yr on $39,780 cash. Return on cash invested measures 25.4% in year one, and rental yield stands at 9.48% at a $119,999 entry. Equity gained on principal adds $774/yr while 5% annual appreciation compounds into $33,154 by year five. Five-year ROI records 132.54% and total cumulative return in cash reaches $52,723. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $948/mo property income versus a $587/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
N/A 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
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