205 N Baltimore · Allen, OK 74825

$127,000

3 bd · 2.0 ba · 1,618 sqft · SingleFamily public records · 81 Days on market

Built 1950 0.48 ac lot Est $184k · 31% under

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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 +19.3/30.0
• ARV discount +15.0/15.0
• Appreciation +7.3/10.0
• DSCR +6.1/10.0
• 1% rule +4.4/10.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.4/10.0

Listing remarks MLS

(3)Ba, (1)Ba, nice size rooms, large kitchen with lots of cabinets & counter space, utility, cover porch, large yard, large carport, cellar (condition unknown) potential garden spot, shed & shop combo. , some mature trees on corner lot!

Key facts

• Fully fenced
• Covered sitting area
• Oversized lot

Tags

• OVERSIZED LOT
• FULLY FENCED
• DECORATIVE CROSS FENCING
• COVERED SITTING AREA
• HUGE COVERED METAL PATIO
• ELECTRICAL OUTLETS

Property features AI

Finance

• Financial info: Financial details not provided
• HOA & community: Gutters listed as a community feature

Exterior

• Parking: 2-car garage; Carport; Boat parking; RV access/parking
• Security: Storm shelter
• Utilities: Electricity available; Natural gas available; Public water; Public sewer
• Home design: Single-story home; Faces east; Entry level not specified; Property type not specified
• Construction: Built per public records (year not specified); Vinyl siding with wood frame construction; Asphalt/fiberglass roof; Crawlspace foundation
• Exterior features: Covered patio and porch; Porch; Patio; Arbor; Rain gutters; Workshop; Storm shelter; Full privacy and chain link fencing with cross-fenced sections; Corner lot with mature trees

Interior

• Kitchen: Dishwasher; Disposal; Microwave; Oven; Range; Stove; Gas water heater
• Bedrooms: Bedroom count not provided
• Flooring: Carpet; Laminate
• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Gas heating; Space heater; Window cooling units (multiple); Central cooling not specified
• Interior features: Ceiling fans; Laminate counters; Gas range connection; No additional interior features listed
• Laundry & utility: Washer hookup; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $127k.

Deal economics

• At list price, monthly cash flow is $140 ($2k/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 $120k (5.7% below list).
• Recommended offer: $119k (6.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 60/100 on livability (#339 in OK) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A; Watch: schools F, amenities F, commute F.
• Allen (rural): math 17% / reading 15% proficiency, ranked #208 of 270 in OK (top 77%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 65% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 25 active listings in the ZIP; 2 units permitted in Pontotoc County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $7k of equity ($878 loan paydown + $6k appreciation (4.5% local appreciation)).
• Pontotoc County population projected at +7% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (4.5% appreciation + 3.0% rent growth), your $36k cash investment doubles in ~4 years — after that, you're playing with house money.
• By year 6, paydown + projected appreciation supports a ~$36k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 81 days — a 6% lower offer ($119k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 5y ago; this cycle's ask has dropped $27k (18%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $90k; 42% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major 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 $119,380 (6.0% below list)

Questions for the listing agent

1. It's been on market 81 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
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: 0.94% ✗
• Cap rate: 7.62%
• Cash-on-cash: 4.73%
• DSCR: 1.21
• GRM: 8.8

CMA / ARV

• ARV (on-the-fly): $184,452
• Comps found: 9

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
604 E Broadway	0.14mi	3/2.0	1,540 (-5%)	1mo	$175,000	$114	85
611 E Highway 1	0.27mi	3/2.0	1,494 (-8%)	8mo	$180,000	$120	68
303 S Portland	0.53mi	3/2.0	1,656 (+2%)	10mo	$320,000	$193	63
302 S County Line	0.45mi	3/2.0	1,484 (-8%)	4mo	$150,000	$101	62
406 S County Line	0.52mi	3/2.0	1,672 (+3%)	11mo	$190,000	$114	61
402 E Conway St	0.22mi	3/2.0	1,400 (-14%)	12mo	$155,000	$111	57
4723 N3715	0.73mi	3/2.0	1,628 (+1%)	15mo	$215,000	$132	53
407 W Lexington St	0.61mi	3/2.0	1,780 (+10%)	4mo	$285,000	$160	51
1214 Vinson	0.66mi	3/2.0	1,384 (-14%)	24mo	$50,000	$36	25

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

4.55% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 15.8%
• Equity multiple: 1.98×
• Total profit: $34,963
• Equity at exit: $68,554

10-year hold

• IRR: 16.5%
• Equity multiple: 3.80×
• Total profit: $99,547
• Equity at exit: $115,582

Cash invested: $35,560 (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 74825

• Home prices YoY: 1.7%
• Active inventory: 25
• Price-to-rent: 8.8×

Monthly cashflow live

• Estimated rent: $1,197 medium
• Mortgage (P&I): −$666
• Tax from tax record: −$87 /mo · $1,039/yr
• Insurance: −$53
• HOA: −$0
• Vacancy / Maint / Mgmt: −$251
• Net cashflow: $140

Break-even live

Break-even rent $1,020

Max offer price $127,000

Occupancy floor 83%

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: $31,750
• Closing costs: $3,810
• Reserves months: —
• Total cash needed: —

Listing history 25 events

1. 2026-06-19
   days on market $127,000 Active 81 DOM
2. 2026-06-18
   days on market $127,000 Active 80 DOM
3. 2026-06-17
   days on market $127,000 Active 79 DOM
4. 2026-06-16
   days on market $127,000 Active 78 DOM
5. 2026-06-15
   days on market $127,000 Active 77 DOM
6. 2026-06-14
   days on market $127,000 Active 75 DOM
7. 2026-06-12
   days on market $127,000 Active 74 DOM
8. 2026-06-09
   days on market $127,000 Active 71 DOM
9. 2026-06-08
   days on market $127,000 Active 70 DOM
10. 2026-06-07
    days on market $127,000 Active 69 DOM
11. 2026-06-03
    days on market $127,000 Active 65 DOM
12. 2026-06-02
    days on market $127,000 Active 64 DOM
13. 2026-06-01
    days on market $127,000 Active 63 DOM
14. 2026-05-31
    days on market $127,000 Active 62 DOM
15. 2026-05-30
    days on market $127,000 Active 61 DOM
16. 2026-05-24
    status Active
17. 2026-05-13
    status Pending
18. 2026-05-09
    price $127,000
19. 2026-04-22
    price $142,000
20. 2026-03-18
    listed $154,000 Active
21. 2022-03-01
    soldstatus $89,500 Closed 248-char remark

    Show marketing remark (248 chars)

    (3)Ba, (1)Ba, nice size rooms, large kitchen with lots of cabinets & counter space, utility, cover porch, large yard, large carport, cellar (condition unknown) potential garden spot, shed & shop combo. , some mature trees on corner lot!

22. 2022-03-01
    soldstatus $89,500

    Show marketing remark (248 chars)

    (3)Ba, (1)Ba, nice size rooms, large kitchen with lots of cabinets & counter space, utility, cover porch, large yard, large carport, cellar (condition unknown) potential garden spot, shed & shop combo. , some mature trees on corner lot!

23. 2021-10-22
    status Pending 248-char remark

    Show marketing remark (248 chars)

    (3)Ba, (1)Ba, nice size rooms, large kitchen with lots of cabinets & counter space, utility, cover porch, large yard, large carport, cellar (condition unknown) potential garden spot, shed & shop combo. , some mature trees on corner lot!

24. 2021-09-08
    listed $94,000 Active 248-char remark

    Show marketing remark (248 chars)

    (3)Ba, (1)Ba, nice size rooms, large kitchen with lots of cabinets & counter space, utility, cover porch, large yard, large carport, cellar (condition unknown) potential garden spot, shed & shop combo. , some mature trees on corner lot!

25. 1986-11-18
    soldstatus $13,500

ⓘ 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: $1,039 · $87/mo
• Projected year-2 tax: $1,143 · $95/mo
• Expected delta: +$104/yr (+$9/mo · 10.0%)

ⓘ 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 6/10 Major
• 🌡 Heat 6/10 Major 7 d/yr ≥110°F today · 19 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 11% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,365
• − Mortgage interest: −$7,114
• − Property taxes: −$1,039
• − Insurance: −$635
• − Repairs & maintenance: −$1,149
• − Management: −$1,149
• − Depreciation: −$3,695
• Taxable loss: −$416
• Est. tax savings @ 24.0%: +$100
• After-tax cash flow: $1,782/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: Allen
• NCES district ID: 4002760
• Math proficiency: 17% ▲ 1.00%
• Reading proficiency: 15% ▼ -7.00%
• Median HH income: $44,024
• Composite: 14.04/100
• National rank: #9471
• State rank: #208 of 270 in OK

Livability — Allen

• Score: 60/100
• State rank: #339
• US rank: #18704

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Allen, OK
• Population (ZIP): 1,763

Population outlook (Pontotoc County) Hauer SSP2

• Today (2025): 39,521 people
• By 2030: 40,140 · +1.6%
• By 2040: 41,242 · +4.4%
• By 2050: 42,293 · +7.0%
• By 2075: 44,678 · +13.0%
• By 2100: 46,015 · +16.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (73%)
• Race & ethnicity: White 73% Native American 16% Two or more races 6% Hispanic / Latino 5%
• Common ancestry: Slovak 2% Lithuanian 2% Scottish 2%
• Foreign-born: 2% · Canada
• Languages at home: 95% English-only · Spanish 2%

Political lean MEDSL · Pontotoc

• 2024 margin: Solid R (+46.6) · D 25.7% · R 72.3% · Other 2.1%
• 2008→2024 swing: -9.9pp toward R · 2008: -36.7pp · 2024: -46.6pp
• All cycles: 2024: R+46.6 2020: R+43.7 2016: R+45.8 2012: R+38.8 2008: R+36.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 4.55%
• Current HPI: 270.3801
• Rent YoY: —
• Metro: —
• 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

+840.7% since first listed

10 events — show timeline

• 2026-05-24 Relisted — MLS Technology, Inc.
• 2026-05-13 Pending — MLS Technology, Inc.
• 2026-05-09 Price Changed $127,000 MLS Technology, Inc.
• 2026-04-22 Price Changed $142,000 MLS Technology, Inc.
• 2026-03-18 Listed $154,000 MLS Technology, Inc.
• 2022-03-01 Sold (Public Records) $89,500 Public Records
• 2022-03-01 Sold (MLS) $89,500 MLS Technology, Inc.
• 2021-10-22 Pending — MLS Technology, Inc.
• 2021-09-08 Listed $94,000 MLS Technology, Inc.
• 1986-11-18 Sold (Public Records) $13,500 Public Records

Property tax history

+20.4%/yr

Latest (2025): $1,039 · +0.5% YoY. Source: county tax records.