7606 SW Cherokee 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 7606 SW Cherokee Ave, Lawton, OK, 73505 with 5% annual appreciation on a $209,900 basis while $1,847/mo rent supports operations. Total monthly income totals $1,847/mo and a $1,027/mo payment preserves $506/mo for cash returns. Annual cash flow comes to $6,076/yr on $69,582 deployed, and return on cash invested reaches 28.64% in year one. Equity gained on principal adds $1,354/yr, and five-year appreciation sums $57,992 alongside rental yield of 10.56%. Five-year ROI measures 149.98% and total cumulative return in cash totals $104,360.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,847/mo property income versus a $1,027/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1979
8,400 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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Listed by: LAUREN BROWN • CENTURY 21 FIRST CHOICE REALTY
Mls Name: Lawton BOR
Mls ID: #169651
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.