2516 NW 7th St · Lawton, OK 73507

$97,500

3 bd · 1.0 ba · 1,247 sqft · SingleFamily public records · 16 Days on market

Built 1961 9,028 sqft lot Est $76k · 28% over

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Why this score? — see what drove the C 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 +28.5/30.0
• DSCR +10.0/10.0
• 1% rule +7.2/10.0
• Livability +3.2/5.0
• Rent growth +2.6/5.0
• Condition / age +2.5/5.0
• Schools +2.0/10.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

HUD PROPERTY SUBJECT TO HUD REGULATIONS & BIDDING PROCEDURES. OFFERED AS IS WITH ALL FAULTS NOT INSURABLE BY HUD. BROKERS MAY RECEIVE UP TO 5% COMM. BID OPENING DATE 01/03/2005. 421-338465

Key facts

• 9,028 sq ft lot
• 2 garage spots
• Built 1961

Property features AI

Exterior

• Parking: Detached or attached 2-car garage; 2 covered parking spaces (2 total parking spaces)
• Security: Smoke detector(s)
• Utilities: Public water; Public sewer; Natural gas available; Electric service
• Home design: Single family residence; One story; Residential property
• Construction: Brick veneer construction; Slab foundation; Built (year not provided)
• Exterior features: Composition roof; City street frontage; Publicly maintained road

Interior

• Kitchen: Cooktop; Microwave; Refrigerator
• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Central heating (natural gas); Central electric air conditioning
• Interior features: Window coverings; Smoke detector(s)
• Laundry & utility: Electric water heater

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $98k.

Deal economics

• At list price, monthly cash flow is $318 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $98k).
• Recommended offer: $96k (1.5% below list) — sets the bar for market timing.
• Cap rate 10.2% 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: Pioneer Park Es (math 22% / reading 17%, grade F, #479 of 845 statewide, top 63%, 460 students, 0% FRL); Macarthur Ms (math 16% / reading 31%, grade F, #113 of 345 statewide, top 34%, 865 students, 0% FRL); Macarthur Hs (math 19% / reading 34%, grade F, #139 of 447 statewide, top 31%, 1,163 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 flat; 208 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 $674 of loan paydown is wiped out by about $3k 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.

Negotiation context

• It's been on market 16 days — a 2% lower offer ($96k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 22y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Climate carrying-cost: major wildfire risk; extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $96,037 (1.5% below list)

Questions for the listing agent

1. Built in 1961 — 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: 1.22% ✓
• Cap rate: 10.21%
• Cash-on-cash: 14.00%
• DSCR: 1.62
• GRM: 6.8

CMA / ARV

• ARV (on-the-fly): $76,067
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
518 NW Glendale Dr	0.26mi	3/1.0	1,250 (+0%)	8mo	$99,000	$79	81
528 NW Glendale Dr	0.28mi	3/1.0	1,300 (+4%)	0mo	$63,257	$49	80
2313 NW 4th St	0.35mi	4/1.5 (+1)	1,236 (-1%)	8mo	$67,000	$54	68
3028 NE Pioneer Park	0.69mi	3/1.5	1,200 (-4%)	3mo	$119,000	$99	57
428 NW Greenmeadow Dr	0.38mi	3/1.0	1,104 (-12%)	8mo	$67,000	$61	56
2710 NW Hilltop Dr	0.07mi	4/1.5 (+1)	1,100 (-12%)	18mo	$119,900	$109	55
2306 NW Woodridge Dr	0.40mi	3/2.0	1,200 (-4%)	22mo	$171,500	$143	53
1216 NW Carroll Dr	0.67mi	3/2.0	1,200 (-4%)	8mo	$71,000	$59	52
2309 NW Woodridge Dr	0.41mi	4/2.0 (+1)	1,200 (-4%)	22mo	$120,000	$100	47
1219 NW Logan Ave	0.69mi	3/1.0	1,300 (+4%)	20mo	$57,500	$44	44
3015 NE Pioneer Blvd	0.69mi	3/2.0	1,140 (-9%)	14mo	$55,000	$48	37
1113 NW Taft Ave	0.70mi	4/2.5 (+1)	1,316 (+6%)	20mo	$32,000	$24	31

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 · 0.25% rent growth · sell at horizon

5-year hold

• IRR: 1.2%
• Equity multiple: 1.05×
• Total profit: $1,254
• Equity at exit: $14,538

10-year hold

• IRR: 8.0%
• Equity multiple: 1.54×
• Total profit: $14,675
• Equity at exit: $8,430

Cash invested: $27,300 (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 73507

• Home prices YoY: -23.2%
• Rents YoY: 0.2%
• Active inventory: 208
• Price-to-rent: 6.8×

Monthly cashflow live

• Estimated rent: $1,193 medium
• Mortgage (P&I): −$511
• Tax from tax record: −$72 /mo · $867/yr
• Insurance: −$41
• HOA: −$0
• Vacancy / Maint / Mgmt: −$251
• Net cashflow: $318

Break-even live

Break-even rent $790

Max offer price $97,500

Occupancy floor 68%

Sensitivity live

Price	-10% $374	-5% $346	+0% $318	+5% $291	+10% $263
Rent	-10% $224	-5% $271	+0% $318	+5% $366	+10% $413
Rate	-1.0pp $367	-0.5pp $343	base $318	+0.5pp $293	+1.0pp $267

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: $24,375
• Closing costs: $2,925
• Reserves months: —
• Total cash needed: —

Listing history 13 events

1. 2026-06-19
   days on market $97,500 Active 16 DOM
2. 2026-06-18
   days on market $97,500 Active 15 DOM
3. 2026-06-17
   days on market $97,500 Active 14 DOM
4. 2026-06-16
   days on market $97,500 Active 13 DOM
5. 2026-06-15
   days on market $97,500 Active 12 DOM
6. 2026-06-14
   days on market $97,500 Active 10 DOM
7. 2026-06-13
   days on market $97,500 Active 9 DOM
8. 2026-06-10
   days on market $97,500 Active 7 DOM
9. 2026-06-09
   days on market $97,500 Active 6 DOM
10. 2026-06-08
    days on market $97,500 Active 5 DOM
11. 2026-06-07
    days on market $97,500 Active 4 DOM
12. 2026-06-03
    remarks 40-char remark
13. 2026-06-03
    listed $97,500 Active 1 DOM

ⓘ 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: $867 · $72/mo
• Projected year-2 tax: $877 · $73/mo
• Expected delta: +$10/yr (+$1/mo · 1.2%)

ⓘ 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 7/10 Severe
• 🌡 Heat 6/10 Major 7 d/yr ≥108°F today · 18 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: $14,318
• − Mortgage interest: −$5,462
• − Property taxes: −$867
• − Insurance: −$488
• − Repairs & maintenance: −$1,145
• − Management: −$1,145
• − Depreciation: −$2,836
• Taxable income: $2,374
• Est. tax owed @ 24.0%: −$570
• After-tax cash flow: $3,251/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): 21,046
• Household income: $62,132
• Rent vs Own: 42.1% rent · 57.9% own
• Severe rent burden: 979.0

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 0.65)
• Race & ethnicity: White 56% Hispanic / Latino 14% Two or more races 13% Black 13% Native American 7% Asian 2%
• Hispanic origin (detail): Mexican 7% Puerto Rican 4%
• Common ancestry: Lithuanian 2% Slovak 2% Italian 1%
• Foreign-born: 5% · Canada, South Korea
• Languages at home: 89% English-only · Spanish 6% German/W. Germanic 1% Other Asian/Pacific 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: ▼ -38.48%
• Current HPI: 127.057
• Rent YoY: ▲ 0.25%
• 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

+195.5% since first listed

6 events — show timeline

• 2026-05-28 Listed $97,500 LBRMLS
• 2023-12-05 Rental Removed $895 HEROPM
• 2023-11-11 Listed for Rent $895 HEROPM
• 2008-03-11 Sold (Public Records) $106,000 Public Records
• 2005-05-13 Sold (MLS) $40,000 MLSOK
• 2004-12-29 Listed $33,000 MLSOK

Property tax history

-1.7%/yr

Latest (2025): $867 · +0.1% YoY. Source: county tax records.