9719 NE 3rd Pl · Midwest City, OK 73130

$179,900

3 bd · 2.0 ba · 1,052 sqft · SingleFamily public records · 12 Days on market

Built 1973 7,200 sqft lot Est $147k · 22% over

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Why this score? — see what drove the F 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 +13.9/30.0
• DSCR +4.2/10.0
• Rent growth +3.9/5.0
• Livability +3.6/5.0
• 1% rule +2.9/10.0
• Condition / age +2.5/5.0
• Schools +1.2/10.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks

Looking for a moving-in ready 3 bed, 2 bath, 2 car garage home in MWC under $200K? Look no further as 9719 NE 3rd Place is ready for you to call home. The house has an updated kitchen, bathrooms, fixtures, etc. The privacy, fenced backyard is perfect for family time or entertaining outside with a large concrete, open patio. The house also has a large outbuilding for extra storage, wood working, or maybe a "she shed" or "man cave". Schedule a showing today! Co-listing agent has beneficial interest.

Key facts

• Large concrete patio
• Updated kitchen
• Large outbuilding

Tags

• UPDATED KITCHEN
• FENCED BACKYARD
• LARGE CONCRETE PATIO
• LARGE OUTBUILDING

Property features AI

Finance

• Other: Property is existing (not new construction); Homestead not indicated
• Financial info: Loan qualification available; Not assumable
• HOA & community: No mandatory association dues

Exterior

• Parking: 2-car garage
• Home design: Single family residence; One level; Faces south; Residential property
• Construction: Frame and masonry veneer exterior; Composition roof; Slab foundation; Roof replaced/updated in 2025
• Exterior features: Covered porch; Open patio; Outbuildings; Wood fencing; Interior lot

Interior

• Bedrooms: 3 bedrooms
• Bathrooms: 2 full bathrooms
• Interior features: One living area; No fireplace

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $180k.

Deal economics

• At list price, monthly cash flow is $21 ($247/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $143k (20.6% below list).
• Recommended offer: $143k (20.6% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 71/100 on livability (#30 in OK) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A; Watch: crime D+, employment D, amenities F.
• Midwest City-Del City (suburban): math 10% / reading 17% proficiency, ranked #231 of 270 in OK (top 86%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Soldier Creek Es (math 17% / reading 20%, grade F, #530 of 845 statewide, top 63%, 910 students, 0% FRL); Carl Albert Hs (math 16% / reading 33%, grade F, #150 of 447 statewide, top 48%, 1,115 students, 0% FRL) — zoned schools average 0% FRL vs 57% district-wide (57 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: Rents rising fast (+5.7%/yr); 160 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 16d on market — plan ~3-4 weeks tenant-placement turnaround); 5,365 units permitted in Oklahoma County in 2024 (569 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Oklahoma County population projected at +41% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 12 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 2y 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: extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $142,817 (20.6% below list)

Questions for the listing agent

1. Built in 1973 — 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 D 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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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: 0.79% ✗
• Cap rate: 6.43%
• Cash-on-cash: 0.49%
• DSCR: 1.02
• GRM: 10.5

CMA / ARV

• ARV (on-the-fly): $147,280
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
9701 NE 3rd Pl	0.10mi	3/1.5	1,063 (+1%)	3mo	$165,000	$155	89
9713 Oak Tree Ter	0.22mi	3/1.5	1,070 (+2%)	3mo	$130,000	$121	82
304 Lotus Ave	0.16mi	3/1.5	1,108 (+5%)	1mo	$150,000	$135	80
9700 NE 2nd St	0.23mi	3/1.5	1,033 (-2%)	8mo	$145,000	$140	78
701 Royal Ave	0.29mi	3/1.5	1,006 (-4%)	2mo	$155,000	$154	76
9704 NE 2nd St	0.22mi	3/1.5	1,108 (+5%)	8mo	$134,000	$121	73
620 Lloyd Ave	0.20mi	3/1.5	952 (-10%)	2mo	$145,000	$152	71
800 Lotus Ave	0.36mi	3/1.0	1,000 (-5%)	3mo	$164,000	$164	68
808 Moraine Ave	0.41mi	4/1.5 (+1)	1,135 (+8%)	1mo	$150,000	$132	60
645 Lloyd Ave	0.27mi	4/1.5 (+1)	1,186 (+13%)	3mo	$147,000	$124	57
9925 NE 7th St	0.41mi	3/1.5	1,206 (+15%)	4mo	$157,000	$130	51
128 Crutcho Rd	0.39mi	2/1.0 (-1)	922 (-12%)	2mo	$165,000	$179	51

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 · 5.73% rent growth · sell at horizon

5-year hold

• IRR: -12.9%
• Equity multiple: 0.53×
• Total profit: $-23,871
• Equity at exit: $26,824

10-year hold

• IRR: -0.5%
• Equity multiple: 0.96×
• Total profit: $-1,858
• Equity at exit: $15,554

Cash invested: $50,372 (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 73130

• Home prices YoY: -21.0%
• Rents YoY: 5.7%
• Active inventory: 160
• Price-to-rent: 10.5×

Monthly cashflow live

• Estimated rent: $1,428 high
• Mortgage (P&I): −$943
• Tax from tax record: −$89 /mo · $1,071/yr
• Insurance: −$75
• HOA: −$0
• Vacancy / Maint / Mgmt: −$300
• Net cashflow: $21

Break-even live

Break-even rent $1,402

Max offer price $179,900

Occupancy floor 94%

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: $44,975
• Closing costs: $5,397
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
405 Lotus Ave Oklahoma City, OK	3.0	2.0	1300	$1,611	$1.24	2d	1	0.07mi
604 Moraine Ave Oklahoma City, OK	3.0	1.5	1181	$1,395	$1.18	2d	1	0.17mi
629 Lloyd Ave Oklahoma City, OK	4.0	1.5	1213	$1,095	$0.90	4d	1	0.20mi
633 Lotus Ave Oklahoma City, OK	3.0	1.0	1038	$1,300	$1.25	11d	1	0.22mi
645 Lloyd Ave Oklahoma City, OK	4.0	1.5	1186	$1,650	$1.39	2d	1	0.24mi
9705 Oak Tree Ter Oklahoma City, OK	3.0	2.0	1100	$1,410	$1.28	11d	1	0.24mi
801 Royal Ave Oklahoma City, OK	3.0	1.0	951	$1,200	$1.26	17d	1	0.37mi
217 Saint Charles Way Oklahoma City, OK	4.0	2.0	1448	$1,525	$1.05	24d	1	0.46mi
9528 McIntosh Ave Oklahoma City, OK	3.0	2.0	1164	$1,195	$1.03	44d	1	0.65mi
9604 NE 11th St Oklahoma City, OK	4.0	1.0	1280	$1,795	$1.40	2d	1	0.65mi
1216 McGregor Dr Oklahoma City, OK	4.0	1.5	1212	$1,495	$1.23	2d	1	0.71mi
1400 Alan Ln Oklahoma City, OK	3.0	2.0	1288	$1,495	$1.16	44d	1	0.83mi
8910 Oak Valley Dr Oklahoma City, OK	2.0	2.0	935	$1,000	$1.07	20d	1	0.91mi
1400 Marydale Ave Oklahoma City, OK	3.0	1.0	1082	$1,150	$1.06	16d	1	0.93mi
10220 Isaac Dr Oklahoma City, OK	3.0	1.0	1106	$1,250	$1.13	44d	1	0.97mi
1525 N Christine Dr Oklahoma City, OK	3.0	1.5	1264	$1,035	$0.82	3d	1	0.97mi
1525 McGregor Dr Oklahoma City, OK	3.0	1.5	1012	$1,275	$1.26	2d	1	0.98mi
1168 N Douglas Blvd Oklahoma City, OK	1.0–2.0	1.0	725	$1,020	$1.41	17d	1	1.00mi
1617 N Christine Dr Oklahoma City, OK	2.0	2.0	962	$1,050	$1.09	24d	1	1.02mi
10400 Caton Pl Oklahoma City, OK	3.0	2.0	1164	$1,280	$1.10	24d	1	1.06mi
8801 Saint George Way Oklahoma City, OK	3.0	2.0	1122	$1,175	$1.05	24d	1	1.07mi
8801 Saint George Way Oklahoma City, OK	3.0	2.0	1122	$1,175	$1.05	11d	1	1.07mi
236 Spirit Dr Midwest City, OK	3.0	2.0	1350	$1,600	$1.19	2d	1	1.07mi
9212 Jennifer Pl Oklahoma City, OK	3.0	2.0	960	$1,250	$1.30	44d	1	1.10mi
910 N Oakview Dr Oklahoma City, OK	3.0	2.0	1512	$1,239	$0.82	2d	1	1.11mi
1520 Patricia Dr Oklahoma City, OK	3.0	1.0	1040	$1,200	$1.15	44d	1	1.12mi
8717 Saint George Way Oklahoma City, OK	2.0	2.0	1075	$1,150	$1.07	24d	1	1.18mi
1809 Michell Dr Oklahoma City, OK	3.0	1.0	1125	$1,095	$0.97	2d	1	1.19mi
10601 Tumilty Ter Oklahoma City, OK	4.0	2.0	1377	$1,820	$1.32	24d	1	1.20mi
1620 Cynthia Dr Oklahoma City, OK	4.0	1.0	1203	$1,450	$1.21	44d	1	1.20mi
1617 Cynthia Dr Oklahoma City, OK	4.0	1.0	1161	$1,450	$1.25	44d	1	1.20mi
1817 Tim Dr Oklahoma City, OK	3.0	2.0	1373	$1,399	$1.02	2d	1	1.21mi
119 Woodman Dr Oklahoma City, OK	3.0	2.0	1252	$1,400	$1.12	2d	1	1.23mi
3513 Parkwoods Ln Oklahoma City, OK	3.0	1.5	903	$1,150	$1.27	44d	1	1.33mi
1619 N Douglas Blvd Oklahoma City, OK	3.0	2.0	1152	$1,129	$0.98	2d	1	1.34mi
3721 Parkwoods Ln Oklahoma City, OK	4.0	1.5	1266	$1,625	$1.28	2d	1	1.36mi
8517 E Reno Ave Oklahoma City, OK	1.0–2.0	1.0–2.0	837	$859	$1.03	4d	1	1.36mi
4033 S Locust Dr Oklahoma City, OK	2.0	1.0	800	$900	$1.12	24d	1	1.37mi
3609 Woodside Dr Midwest City, OK	3.0	1.0	858	$995	$1.16	2d	1	1.39mi
1109 Parkview Dr Oklahoma City, OK	3.0	2.0	1290	$1,300	$1.01	24d	1	1.43mi

Listing history 10 events

1. 2026-06-18
   days on market $179,900 Active 12 DOM
2. 2026-06-17
   days on market $179,900 Active 11 DOM
3. 2026-06-16
   days on market $179,900 Active 10 DOM
4. 2026-06-15
   days on market $179,900 Active 9 DOM
5. 2026-06-13
   days on market $179,900 Active 7 DOM
6. 2026-06-13
   days on market $179,900 Active 6 DOM
7. 2026-06-09
   days on market $179,900 Active 3 DOM
8. 2026-06-08
   days on market $179,900 Active 2 DOM
9. 2026-06-07
   remarks 502-char remark
10. 2026-06-07
    listed $179,900 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: $1,071 · $89/mo
• Projected year-2 tax: $1,619 · $135/mo
• Expected delta: +$548/yr (+$46/mo · 51.1%)

ⓘ 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 6/10 Major 7 d/yr ≥107°F today · 19 d/yr by 30 yrs out
• 💨 Wind 3/10 Moderate 4% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,138
• − Mortgage interest: −$10,077
• − Property taxes: −$1,071
• − Insurance: −$900
• − Repairs & maintenance: −$1,371
• − Management: −$1,371
• − Depreciation: −$5,233
• Taxable loss: −$2,886
• Est. tax savings @ 24.0%: +$693
• After-tax cash flow: $940/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: Midwest City-Del City
• NCES district ID: 4019950
• Math proficiency: 10% ▼ -11.00%
• Reading proficiency: 17% ▼ -8.00%
• Median HH income: $45,724
• Composite: 12.09/100
• National rank: #9658
• State rank: #231 of 270 in OK

Livability — Midwest City

• Score: 71/100
• State rank: #30
• US rank: #6637

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Midwest City, OK
• County: Oklahoma County · 771,644 people
• City population: 57,386
• Metro: Oklahoma City, OK
• Population (ZIP): 21,476
• Household income: $71,189
• Rent vs Own: 23.7% rent · 76.3% own
• Severe rent burden: 378.0

Population outlook (Oklahoma County) Hauer SSP2

• Today (2025): 911,875 people
• By 2030: 982,413 · +7.7%
• By 2040: 1,130,468 · +24.0%
• By 2050: 1,288,422 · +41.3%
• By 2075: 1,711,482 · +87.7%
• By 2100: 2,088,448 · +129.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.60)
• Race & ethnicity: White 60% Black 18% Two or more races 14% Hispanic / Latino 7% Asian 2% Native American 2%
• Hispanic origin (detail): Mexican 6%
• Common ancestry: Lithuanian 2% Slovak 2% Italian 2%
• Foreign-born: 3% · Canada
• Languages at home: 95% English-only · Spanish 3% Tagalog/Filipino 1%

Political lean MEDSL · Oklahoma

• 2024 margin: Toss-up / Even · D 48.0% · R 49.7% · Other 2.3%
• 2008→2024 swing: +15.1pp toward D · 2008: -16.8pp · 2024: -1.7pp
• All cycles: 2024: R+1.7 2020: R+1.1 2016: R+10.5 2012: R+16.7 2008: R+16.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -65.22%
• Current HPI: 245.8385
• Rent YoY: ▲ 5.73%
• Metro: Oklahoma City, 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

+11893.3% since first listed

3 events — show timeline

• 2026-06-05 Listed $179,900 MLSOK
• 2024-08-02 Rental Removed $1,500 APPFOLIO
• 2024-07-28 Listed for Rent $1,500 APPFOLIO

Property tax history

+1.4%/yr

Latest (2025): $1,071 · +2.5% YoY. Source: county tax records.