510 NW 58th St · Lawton, OK 73505

$72,500

3 bd · 2.0 ba · 1,225 sqft · SingleFamily public records · 17 Days on market

Built 1963 9,100 sqft lot Est $132k · 45% under

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Why this score? — see what drove the B+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Rent growth +3.8/5.0
• Livability +3.2/5.0
• Condition / age +2.5/5.0
• Schools +2.0/10.0
• Appreciation +0.0/10.0

Listing remarks

Excellent investment opportunity! This property won't last long!

Key facts

• 9,100 sq ft lot
• Built 1963
• Listed 17 days

Property features AI

Exterior

• Parking: No garage
• Utilities: Public water; Public sewer; Natural gas available
• Home design: Single-family residence; One story
• Construction: Brick veneer construction; Composition roof; Crawl space foundation; Built with approximately 1,250 total living area
• Exterior features: Covered patio and porch; Porch; Chain link fencing; Paved city street frontage; Publicly maintained road

Interior

• Kitchen: Cooktop; Dishwasher; Refrigerator; Gas water heater
• Flooring: Carpet; Other flooring
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating (natural gas); Central air conditioning (electric); Ceiling fan(s)
• Interior features: Double-pane windows with window coverings; No fireplace
• Laundry & utility: Washer hookup; Washer included; Dryer included

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $72k.

Deal economics

• At list price, monthly cash flow is $523 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $72k).
• Recommended offer: $71k (1.5% below list) — sets the bar for market timing.
• Cap rate 15.0% vs local median 6.1% in Lawton — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 63/100 on livability (#206 in OK) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment D, crime F, commute F.
• Lawton (urban): math 20% / reading 26% proficiency, ranked #137 of 270 in OK (top 51%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Eisenhower Es (math 32% / reading 27%, grade F, #255 of 845 statewide, top 35%, 380 students, 0% FRL); Eisenhower Ms (math 20% / reading 30%, grade F, #90 of 345 statewide, top 27%, 1,035 students, 0% FRL); Eisenhower Hs (math 19% / reading 29%, grade F, #215 of 447 statewide, top 48%, 1,350 students, 0% FRL) — zoned schools average 0% FRL vs 54% district-wide (54 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: Rents rising fast (+5.1%/yr); 398 active listings in the ZIP; 133 units permitted in Comanche County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $501 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Comanche County population projected to shrink 3% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 5.1% rent growth), your $20k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 17 days — a 2% lower offer ($71k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $40k; list at $72k implies a 81% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $71,412 (1.5% below list)

Questions for the listing agent

1. Built in 1963 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.75% ✓
• Cap rate: 14.95%
• Cash-on-cash: 30.93%
• DSCR: 2.38
• GRM: 4.8

CMA / ARV

• ARV (on-the-fly): $132,300
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5706 NW Ash Ave	0.09mi	3/2.0	1,179 (-4%)	3mo	$135,000	$115	87
5322 NW Ash Ave	0.21mi	3/2.0	1,300 (+6%)	3mo	$141,000	$108	77
5333 NW Cherry Ave	0.26mi	3/1.5	1,300 (+6%)	3mo	$130,500	$100	74
425 NW 54th St	0.27mi	4/1.0 (+1)	1,200 (-2%)	3mo	$80,000	$67	73
5864 NW Dearborn Ave	0.35mi	3/2.0	1,300 (+6%)	3mo	$145,000	$112	71
5307 NW Ash Ave	0.29mi	4/2.0 (+1)	1,300 (+6%)	3mo	$65,000	$50	69
5628 NW Briarwood Ave	0.74mi	3/2.0	1,200 (-2%)	1mo	$95,000	$79	62
6310 NW Maple Ave	0.58mi	3/1.5	1,300 (+6%)	0mo	$145,000	$112	61
14 NW 56th St	0.36mi	3/2.0	1,400 (+14%)	1mo	$160,000	$114	58
717 NW 67th St	0.67mi	3/2.0	1,400 (+14%)	4mo	$123,500	$88	42
6114 NW Cheyenne Ave	0.70mi	3/2.0	1,400 (+14%)	3mo	$97,500	$70	41
5603 NW Briarwood Dr	0.73mi	3/1.5	1,400 (+14%)	1mo	$165,000	$118	39

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 5.14% rent growth · sell at horizon

5-year hold

• IRR: 28.1%
• Equity multiple: 2.20×
• Total profit: $24,370
• Equity at exit: $10,810

10-year hold

• IRR: 36.7%
• Equity multiple: 4.75×
• Total profit: $76,109
• Equity at exit: $6,268

Cash invested: $20,300 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 83 Strongly Landlord-Friendly
• State Oklahoma: 83 Strongly Landlord-Friendly · R+20
• County: — inherits STATE
• City: — inherits STATE

5-day notice; strongly landlord-favorable.

Methodology + full state rankings →

ZIP-level market 73505

• Rents YoY: 5.1%
• Active inventory: 398
• Price-to-rent: 4.8×

Monthly cashflow live

• Estimated rent: $1,268 medium
• Mortgage (P&I): −$380
• Tax from tax record: −$68 /mo · $817/yr
• Insurance: −$30
• HOA: −$0
• Vacancy / Maint / Mgmt: −$266
• Net cashflow: $523

Break-even live

Break-even rent $606

Max offer price $72,500

Occupancy floor 54%

Sensitivity live

Price	-10% $564	-5% $544	+0% $523	+5% $503	+10% $482
Rent	-10% $423	-5% $473	+0% $523	+5% $573	+10% $623
Rate	-1.0pp $560	-0.5pp $542	base $523	+0.5pp $504	+1.0pp $485

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $18,125
• Closing costs: $2,175
• Reserves months: —
• Total cash needed: —

Listing history 16 events

1. 2026-06-17
   status $72,500 Pending 17 DOM
2. 2026-06-17
   days on market $72,500 Active 17 DOM
3. 2026-06-16
   days on market $72,500 Active 16 DOM
4. 2026-06-15
   days on market $72,500 Active 15 DOM
5. 2026-06-14
   days on market $72,500 Active 13 DOM
6. 2026-06-13
   days on market $72,500 Active 12 DOM
7. 2026-06-10
   pricestatusdays on market $72,500 Active 10 DOM
8. 2026-06-07
   statusdays on market $82,000 Pending 9 DOM
9. 2026-06-05
   days on market $82,000 Active 8 DOM
10. 2026-06-03
    days on market $82,000 Active 7 DOM
11. 2026-06-02
    days on market $82,000 Active 6 DOM
12. 2026-06-01
    days on market $82,000 Active 5 DOM
13. 2026-05-31
    days on market $82,000 Active 4 DOM
14. 2026-05-30
    days on market $82,000 Active 3 DOM
15. 2026-05-27
    listed $82,000 Active
16. 1998-09-30
    soldstatus $40,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast OK · Resets to sale price

• Current annual tax: $817 · $68/mo
• Projected year-2 tax: $817 · $68/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 7/10 Severe 7 d/yr ≥109°F today · 19 d/yr by 30 yrs out
• 💨 Wind 3/10 Moderate 5% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,216
• − Mortgage interest: −$4,061
• − Property taxes: −$817
• − Insurance: −$362
• − Repairs & maintenance: −$1,217
• − Management: −$1,217
• − Depreciation: −$2,109
• Taxable income: $5,432
• Est. tax owed @ 24.0%: −$1,304
• After-tax cash flow: $4,975/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Lawton
• NCES district ID: 4017250
• Math proficiency: 20% ▼ -12.00%
• Reading proficiency: 26% ▼ -9.00%
• Median HH income: $42,618
• Composite: 19.68/100
• National rank: #8732
• State rank: #137 of 270 in OK

Livability — Lawton

• Score: 63/100
• State rank: #206
• US rank: #15131

Category grades

Amenities B- Commute F Cost of living A+ Crime F Employment D Housing A+ Health & safety F User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lawton, OK
• County: Comanche County · 96,361 people
• City population: 89,233
• Metro: Lawton, OK
• Population (ZIP): 47,790
• Household income: $58,272
• Rent vs Own: 48.2% rent · 51.8% own
• Severe rent burden: 1986.0

Population outlook (Comanche County) Hauer SSP2

• Today (2025): 124,518 people
• By 2030: 124,231 · -0.2%
• By 2040: 122,193 · -1.9%
• By 2050: 120,368 · -3.3%
• By 2075: 120,492 · -3.2%
• By 2100: 123,113 · -1.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.70)
• Race & ethnicity: White 50% Black 17% Two or more races 16% Hispanic / Latino 16% Native American 4% Asian 3%
• Hispanic origin (detail): Mexican 11% Puerto Rican 2%
• Common ancestry: Lithuanian 2% Slovak 2% Romanian 1%
• Foreign-born: 6% · Canada, South Korea
• Languages at home: 88% English-only · Spanish 6% German/W. Germanic 2% Korean 1%

Political lean MEDSL · Comanche

• 2024 margin: Strong R (+23.3) · D 37.4% · R 60.7% · Other 1.9%
• 2008→2024 swing: -5.8pp toward R · 2008: -17.5pp · 2024: -23.3pp
• All cycles: 2024: R+23.3 2020: R+20.1 2016: R+23.7 2012: R+17.0 2008: R+17.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -134.88%
• Current HPI: 169.4524
• Rent YoY: ▲ 5.14%
• Metro: Lawton, OK
• State GDP YoY: ▲ 1.55%
• F500 in state: 6

Industry mix (Fortune 500 HQ in OK)

Industry	F500 HQs	Revenue
▸Energy	3	$48B

Price history

+105.0% since first listed

2 events — show timeline

• 2026-05-27 Listed $82,000 LBRMLS
• 1998-09-30 Sold (Public Records) $40,000 Public Records

Property tax history

+0.1%/yr

Latest (2025): $817 · +3.0% YoY. Source: county tax records.