703 SE Sullivan 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
Investment property for sale in Lawton at 703 SE Sullivan Dr, Lawton, OK, 73501 uses $47,736 cash to close to unlock $3,494/yr annual cash flow and $291/mo monthly cash flow. Total monthly income runs $1,211/mo, and a $705/mo payment keeps the spread at $291/mo. Purchase price stands at $144,000, and rental yield measures 10.09% with $1,211/mo rent. Return on cash invested shows 27.23% in year one, and 5% annual appreciation builds toward $39,785 over five years. Five-year ROI reaches 142.45% and total cumulative return in cash records $67,998. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,211/mo property income covering a $705/mo payment rather than investor’s personal income.
Single Family
Built in 1964
10,500 sqft 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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