5361 NW Oak Ave · Lawton, OK 73505

$93,900

3 bd · 1.0 ba · 1,215 sqft · SingleFamily public records · 10 Days on market

Built 1962 7,155 sqft lot Est $136k · 31% 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
• DSCR +10.0/10.0
• 1% rule +8.4/10.0
• 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 MLS

Some repairs needed on this 3 bedroom, 2 bath home.

Key facts

• Garage conversion
• Spacious backyard
• Storage shed

Tags

• GARAGE CONVERSION
• NEW ROOF
• SPACIOUS BACKYARD
• STORAGE SHED

Property features AI

Exterior

• Parking: No garage (converted garage)
• Security: Smoke detector(s)
• Utilities: Public water; Public sewer; Natural gas available
• Home design: Single family residence; One level; Brick veneer construction
• Construction: Composition roof; Crawl space foundation; Brick veneer
• Exterior features: Deck; Chain link fencing; Shed(s); Public maintained road access; City street frontage

Interior

• Kitchen: Microwave; Dishwasher; Garbage disposal; Refrigerator; Ice maker; Oven; Range hood; Electric water heater
• Bathrooms: 1 full bathroom; 1 three-quarter bathroom
• Heating & cooling: Heat pump for heating; Heat pump for cooling
• Interior features: Pantry; Double pane windows; Window coverings; Smoke detector(s)

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $94k.

Deal economics

• At list price, monthly cash flow is $404 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $94k).
• Cap rate 11.5% 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: Edison Es (math 12% / reading 12%, grade F, #667 of 845 statewide, top 82%, 476 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 $649 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.
• At projected returns (-3.0% appreciation + 5.1% rent growth), your $26k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• Only 10 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 13y 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.
• Current owner paid $9k; list at $94k implies a 921% 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 $93,900

Questions for the listing agent

1. Built in 1962 — 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: 1.34% ✓
• Cap rate: 11.45%
• Cash-on-cash: 18.43%
• DSCR: 1.82
• GRM: 6.2

CMA / ARV

• ARV (on-the-fly): $136,080
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5628 NW Briarwood Ave	0.27mi	3/2.0	1,200 (-1%)	1mo	$95,000	$79	81
6310 NW Maple Ave	0.33mi	3/1.5	1,300 (+7%)	0mo	$145,000	$112	71
5706 NW Ash Ave	0.40mi	3/2.0	1,179 (-3%)	3mo	$135,000	$115	70
5333 NW Cherry Ave	0.31mi	3/1.5	1,300 (+7%)	3mo	$130,500	$100	70
422 NW 57th St	0.50mi	3/2.0	1,200 (-1%)	4mo	$134,500	$112	67
6121 NW Cheyenne Ave	0.31mi	3/2.0	1,300 (+7%)	5mo	$110,000	$85	66
425 NW 54th St	0.59mi	4/1.0 (+1)	1,200 (-1%)	3mo	$80,000	$67	63
5908 NW Briarwood Ave	0.31mi	3/2.0	1,363 (+12%)	1mo	$180,000	$132	61
5322 NW Ash Ave	0.47mi	3/2.0	1,300 (+7%)	3mo	$141,000	$108	60
5864 NW Dearborn Ave	0.56mi	3/2.0	1,300 (+7%)	3mo	$145,000	$112	55
5307 NW Ash Ave	0.50mi	4/2.0 (+1)	1,300 (+7%)	3mo	$65,000	$50	54
1416 NW 50th St	0.64mi	3/1.5	1,100 (-10%)	6mo	$130,000	$118	47

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: 12.4%
• Equity multiple: 1.50×
• Total profit: $13,260
• Equity at exit: $14,001

10-year hold

• IRR: 22.8%
• Equity multiple: 3.15×
• Total profit: $56,488
• Equity at exit: $8,119

Cash invested: $26,292 (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: 6.2×

Monthly cashflow live

• Estimated rent: $1,261 medium
• Mortgage (P&I): −$492
• Tax from tax record: −$61 /mo · $729/yr
• Insurance: −$39
• HOA: −$0
• Vacancy / Maint / Mgmt: −$265
• Net cashflow: $404

Break-even live

Break-even rent $750

Max offer price $93,900

Occupancy floor 63%

Sensitivity live

Price	-10% $457	-5% $430	+0% $404	+5% $377	+10% $351
Rent	-10% $304	-5% $354	+0% $404	+5% $454	+10% $503
Rate	-1.0pp $451	-0.5pp $428	base $404	+0.5pp $379	+1.0pp $355

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: $23,475
• Closing costs: $2,817
• Reserves months: —
• Total cash needed: —

Listing history 9 events

1. 2026-06-19
   days on market $93,900 Active 10 DOM
2. 2026-06-18
   days on market $93,900 Active 9 DOM
3. 2026-06-17
   days on market $93,900 Active 8 DOM
4. 2026-06-16
   days on market $93,900 Active 7 DOM
5. 2026-06-15
   days on market $93,900 Active 6 DOM
6. 2026-06-14
   days on market $93,900 Active 4 DOM
7. 2026-06-13
   days on market $93,900 Active 3 DOM
8. 2026-06-10
   remarks 590-char remark
9. 2026-06-10
   listed $93,900 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: $729 · $61/mo
• Projected year-2 tax: $845 · $70/mo
• Expected delta: +$116/yr (+$10/mo · 15.9%)

ⓘ 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: $15,131
• − Mortgage interest: −$5,260
• − Property taxes: −$729
• − Insurance: −$470
• − Repairs & maintenance: −$1,210
• − Management: −$1,210
• − Depreciation: −$2,732
• Taxable income: $3,520
• Est. tax owed @ 24.0%: −$845
• After-tax cash flow: $4,001/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

+362.6% since first listed

3 events — show timeline

• 2026-06-09 Listed $93,900 LBRMLS
• 2014-01-09 Sold (MLS) $9,200 LBRMLS
• 2013-09-11 Listed $20,300 LBRMLS

Property tax history

+1.2%/yr

Latest (2025): $729 · +3.1% YoY. Source: county tax records.