2503 SW J Ave · Lawton, OK 73505

$48,000

3 bd · 1.0 ba · 952 sqft · SingleFamily public records · 37 Days on market

Built 1935 6,850 sqft lot Est $40k · 20% 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 +30.0/30.0
• 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
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks

Located at 2503 SW J Ave, this 3-bedroom, 1¾-bath home offers plenty of space and room to grow and ready for you to make it your own. Featuring a spacious yard perfect for outdoor living, plus a convenient storage shed and RV hookup along the side of the home. Some remodeling has already been started, giving you a head start on creating your ideal space. Making it a great opportunity for first-time buyers or investors seeking their next project. Call Jennifer Carroll-Medrano today at [phone] for more information or to schedule a tour.

Key facts

• Spacious yard
• Storage shed
• Rv hookup

Tags

• SPACIOUS YARD
• STORAGE SHED
• RV HOOKUP

Property features AI

Exterior

• Parking: No garage; RV access/parking
• Security: Smoke detector(s)
• Utilities: Public water; Public sewer
• Home design: Single family residence; One story
• Construction: Vinyl siding; Composition roof; Crawl space foundation; Built with one level
• Exterior features: Covered porch; Storm door(s); Chain link and wood fencing; Shed(s)

Interior

• Kitchen: Microwave; Dishwasher; Refrigerator; Oven; Electric water heater
• Flooring: Ceramic tile; Hardwood
• Bathrooms: 1 full bathroom; 1 three-quarter bathroom
• Heating & cooling: Electric heating; Other heating; Ceiling fans; Window cooling units (multiple)
• Interior features: Kitchen island; Window coverings
• Laundry & utility: Washer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $48k.

Deal economics

• At list price, monthly cash flow is $642 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $48k).
• Recommended offer: $47k (3.0% below list) — sets the bar for market timing.
• Cap rate 22.3% 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: Cleveland Es (math 32% / reading 12%, grade F, #413 of 845 statewide, top 54%, 300 students, 0% FRL); Central Ms (math 17% / reading 24%, grade F, #153 of 345 statewide, top 45%, 994 students, 0% FRL); Lawton Hs (math 16% / reading 21%, grade F, #302 of 447 statewide, top 68%, 1,417 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 $332 of loan paydown is wiped out by about $1k 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 $13k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 37 days — a 3% lower offer ($47k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $27k; list at $48k implies a 78% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1935 — expect roof / HVAC / electrical / plumbing capex.
• 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 $46,560 (3.0% below list)

Questions for the listing agent

1. It's been on market 37 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1935 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
6. 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.
7. 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.
8. 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: 2.49% ✓
• Cap rate: 22.33%
• Cash-on-cash: 57.28%
• DSCR: 3.55
• GRM: 3.3

CMA / ARV

• ARV (on-the-fly): $39,984
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2512 SW H Ave	0.12mi	3/1.0	968 (+2%)	1mo	$17,500	$18	91
1202 SW 26th Pl	0.13mi	3/1.5	900 (-6%)	11mo	$87,500	$97	74
2309 SW I	0.24mi	3/1.0	1,000 (+5%)	9mo	$35,000	$35	73
2709 SW H Ave	0.31mi	3/1.0	912 (-4%)	10mo	$38,000	$42	70
1311 SW 26th St	0.22mi	2/1.0 (-1)	900 (-6%)	7mo	$27,000	$30	70
2415 SW Washington Ave	0.35mi	2/1.0 (-1)	900 (-6%)	3mo	$37,500	$42	67
2320 SW E Ave	0.38mi	3/1.0	1,000 (+5%)	10mo	$54,000	$54	66
2815 SW J Ave	0.49mi	3/1.0	900 (-6%)	8mo	$32,500	$36	62
2421 SW D Ave	0.44mi	2/1.0 (-1)	900 (-6%)	10mo	$25,000	$28	57
3405 SW Crestview Dr	0.57mi	3/1.0	1,000 (+5%)	10mo	$59,500	$60	56
904 SW 37th St	0.66mi	3/1.0	1,000 (+5%)	6mo	$112,000	$112	55
2107 SW Mckinley Ave	0.69mi	2/1.0 (-1)	900 (-6%)	6mo	$140,000	$156	49

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: 58.1%
• Equity multiple: 3.66×
• Total profit: $35,710
• Equity at exit: $7,157

10-year hold

• IRR: 63.7%
• Equity multiple: 8.07×
• Total profit: $94,982
• Equity at exit: $4,150

Cash invested: $13,440 (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: 3.3×

Monthly cashflow live

• Estimated rent: $1,196 medium
• Mortgage (P&I): −$252
• Tax from tax record: −$31 /mo · $377/yr
• Insurance: −$20
• HOA: −$0
• Vacancy / Maint / Mgmt: −$251
• Net cashflow: $642

Break-even live

Break-even rent $384

Max offer price $48,000

Occupancy floor 41%

Sensitivity live

Price	-10% $669	-5% $655	+0% $642	+5% $628	+10% $614
Rent	-10% $547	-5% $594	+0% $642	+5% $689	+10% $736
Rate	-1.0pp $666	-0.5pp $654	base $642	+0.5pp $629	+1.0pp $616

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: $12,000
• Closing costs: $1,440
• Reserves months: —
• Total cash needed: —

Listing history 19 events

1. 2026-06-19
   days on market $48,000 Active 37 DOM
2. 2026-06-18
   days on market $48,000 Active 36 DOM
3. 2026-06-17
   days on market $48,000 Active 35 DOM
4. 2026-06-16
   days on market $48,000 Active 34 DOM
5. 2026-06-15
   days on market $48,000 Active 33 DOM
6. 2026-06-14
   days on market $48,000 Active 31 DOM
7. 2026-06-13
   days on market $48,000 Active 30 DOM
8. 2026-06-10
   days on market $48,000 Active 28 DOM
9. 2026-06-09
   days on market $48,000 Active 27 DOM
10. 2026-06-08
    days on market $48,000 Active 26 DOM
11. 2026-06-07
    days on market $48,000 Active 25 DOM
12. 2026-06-05
    days on market $48,000 Active 22 DOM
13. 2026-06-03
    days on market $48,000 Active 21 DOM
14. 2026-06-02
    days on market $48,000 Active 20 DOM
15. 2026-06-01
    days on market $48,000 Active 19 DOM
16. 2026-05-31
    days on market $48,000 Active 18 DOM
17. 2026-05-30
    days on market $48,000 Active 17 DOM
18. 2026-05-07
    listed $48,000 Active
19. 2000-04-03
    soldstatus $27,000

ⓘ 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: $377 · $31/mo
• Projected year-2 tax: $432 · $36/mo
• Expected delta: +$55/yr (+$5/mo · 14.6%)

ⓘ 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 3/10 Moderate
• 🌡 Heat 6/10 Major 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: $14,349
• − Mortgage interest: −$2,689
• − Property taxes: −$377
• − Insurance: −$240
• − Repairs & maintenance: −$1,148
• − Management: −$1,148
• − Depreciation: −$1,396
• Taxable income: $7,351
• Est. tax owed @ 24.0%: −$1,764
• After-tax cash flow: $5,934/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

+77.8% since first listed

2 events — show timeline

• 2026-05-07 Listed $48,000 LBRMLS
• 2000-04-03 Sold (Public Records) $27,000 Public Records

Property tax history

+2.4%/yr

Latest (2025): $377 · +4.7% YoY. Source: county tax records.