1709 NW Baldwin Ave · Lawton, OK 73507

$69,900

3 bd · 2.0 ba · 1,206 sqft · SingleFamily public records · 17 Days on market

Built 1940 0.26 ac lot Est $83k · 16% 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 +14.7/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +3.2/5.0
• Rent growth +2.6/5.0
• Condition / age +2.5/5.0
• Schools +2.0/10.0
• Appreciation +0.0/10.0

Listing remarks

For more information contact Real Estate Experts, LLC at 580 248 2600 or visit staceandreedy.com. Attention investors! This property offers a 2-bedroom, 1-bath main residence with garage and a separate upstairs efficiency apartment featuring 1 bedroom and 1 bathroom. Renovation needed throughout, making this an ideal value-add project. Potential for dual rental income after improvements. Sold as-is; cash or conventional financing! Home currently has a family member Living it with no lease. Call for you private tour.

Key facts

• 0.26 acre lot
• 2 garage spots
• Built 1940

Property features AI

Exterior

• Parking: Detached or attached 2-car garage (2 covered parking spaces, total 2 parking spaces)
• Utilities: Public water; Public sewer; Electric service (implied by electric water heater and central heat)
• Home design: Single family residence; One and one-half stories; Frame construction
• Construction: Composition and metal roof
• Exterior features: Covered porch; Porch; Chain link fencing

Interior

• Kitchen: Cooktop; Laundry area located in kitchen
• Bedrooms: One and one-half level layout
• Flooring: Vinyl flooring; Carpet
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (natural gas); Ceiling fan(s)
• Interior features: Cooktop; Electric water heater; No fireplace
• Laundry & utility: Laundry in kitchen; Crawl space basement

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $70k.

Deal economics

• At list price, monthly cash flow is $489 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $70k).
• Recommended offer: $69k (1.5% below list) — sets the bar for market timing.
• Cap rate 14.7% 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: Pat Henry Es (math 12% / reading 17%, grade F, #604 of 845 statewide, top 76%, 508 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 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 $483 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 + 0.2% rent growth), your $20k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 17 days — a 2% lower offer ($69k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1940 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: moderate wildfire risk; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $68,851 (1.5% below list)

Questions for the listing agent

1. Built in 1940 — 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: 1.69% ✓
• Cap rate: 14.68%
• Cash-on-cash: 29.96%
• DSCR: 2.33
• GRM: 4.9

CMA / ARV

• ARV (on-the-fly): $83,214
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1809 NW Kingsbury	0.12mi	2/1.0 (-1)	1,146 (-5%)	3mo	$35,000	$31	74
1722 NW Liberty Ave	0.39mi	3/3.0	1,200 (-0%)	3mo	$135,000	$113	74
1704 NW Oak Ave	0.25mi	3/2.0	1,092 (-10%)	1mo	$141,500	$130	72
2204 NW Williams Ave	0.63mi	3/2.0	1,200 (-0%)	0mo	$80,000	$67	70
1708 NW Floyd	0.54mi	3/2.0	1,200 (-0%)	6mo	$45,000	$38	69
732 NW 16th St	0.47mi	2/1.0 (-1)	1,200 (-0%)	3mo	$99,000	$83	66
1742 NW Ash Ave	0.60mi	3/1.0	1,200 (-0%)	6mo	$100,000	$83	62
1415 NW 23rd St	0.51mi	4/1.5 (+1)	1,300 (+8%)	2mo	$41,500	$32	55
1703 NW Euclid Ave	0.71mi	3/2.0	1,300 (+8%)	2mo	$42,000	$32	52
1317 NW Bessie Ave	0.67mi	3/1.0	1,100 (-9%)	1mo	$30,000	$27	50
2523 NW 17th St	0.67mi	3/1.5	1,100 (-9%)	3mo	$103,000	$94	49
1615 NW 25th St	0.69mi	3/1.0	1,300 (+8%)	4mo	$90,000	$69	48

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: 21.5%
• Equity multiple: 1.85×
• Total profit: $16,607
• Equity at exit: $10,422

10-year hold

• IRR: 27.8%
• Equity multiple: 3.15×
• Total profit: $42,154
• Equity at exit: $6,044

Cash invested: $19,572 (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: 4.9×

Monthly cashflow live

• Estimated rent: $1,182 medium
• Mortgage (P&I): −$367
• Tax from tax record: −$49 /mo · $589/yr
• Insurance: −$29
• HOA: −$0
• Vacancy / Maint / Mgmt: −$248
• Net cashflow: $489

Break-even live

Break-even rent $563

Max offer price $69,900

Occupancy floor 54%

Sensitivity live

Price	-10% $528	-5% $508	+0% $489	+5% $469	+10% $449
Rent	-10% $395	-5% $442	+0% $489	+5% $535	+10% $582
Rate	-1.0pp $524	-0.5pp $506	base $489	+0.5pp $471	+1.0pp $452

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: $17,475
• Closing costs: $2,097
• Reserves months: —
• Total cash needed: —

Listing history 14 events

1. 2026-06-19
   days on market $69,900 Active 17 DOM
2. 2026-06-18
   days on market $69,900 Active 16 DOM
3. 2026-06-17
   days on market $69,900 Active 15 DOM
4. 2026-06-16
   days on market $69,900 Active 14 DOM
5. 2026-06-15
   days on market $69,900 Active 13 DOM
6. 2026-06-14
   days on market $69,900 Active 11 DOM
7. 2026-06-13
   days on market $69,900 Active 10 DOM
8. 2026-06-10
   days on market $69,900 Active 8 DOM
9. 2026-06-09
   days on market $69,900 Active 7 DOM
10. 2026-06-08
    days on market $69,900 Active 6 DOM
11. 2026-06-07
    days on market $69,900 Active 5 DOM
12. 2026-06-05
    days on market $69,900 Active 2 DOM
13. 2026-06-03
    remarks 521-char remark
14. 2026-06-03
    listed $69,900 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: $589 · $49/mo
• Projected year-2 tax: $629 · $52/mo
• Expected delta: +$40/yr (+$3/mo · 6.8%)

ⓘ 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 5/10 Major
• 🌡 Heat 6/10 Major 7 d/yr ≥108°F today · 19 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 4% 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: $14,178
• − Mortgage interest: −$3,915
• − Property taxes: −$589
• − Insurance: −$350
• − Repairs & maintenance: −$1,134
• − Management: −$1,134
• − Depreciation: −$2,033
• Taxable income: $5,022
• Est. tax owed @ 24.0%: −$1,205
• After-tax cash flow: $4,658/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

1 event — show timeline

• 2026-06-01 Listed $69,900 LBRMLS

Property tax history

+1.2%/yr

Latest (2025): $589 · +70.2% YoY. Source: county tax records.