774 NW 16th StLawtonOK73507
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid fundamentals define the investment case at 774 NW 16th St, Lawton, OK, 73507 in Lawton: $1,165/mo in rent, $377/mo in net income, 11.32% gross yield, 2.10 DSCR, all at $123,500. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $34,121 in appreciation and $1,137/yr in principal paydown projects total cumulative return of $71,190.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.3% | 6.5% |
| Monthly Cash Flow | $377 | $300 |
City averages based on Lawton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,165 |
| Total Monthly Debt Service | $740 |
| DSCR Ratio | 1.58x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1940
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
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
Single Family
Built in 1940
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices