123 Grandview Rd · Midwest City, OK
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $2,463 – $4,575
Heat risk 5/10 · Moderate
- Hot days now (above 107°F)
- 7 days/yr
- Hot days in 30 yrs
- 19 days/yr
Wind risk 3/10 · Minor
- Chance of severe wind over 30 yrs
- 5.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
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 +22.6/30.0
- ARV discount +15.0/15.0
- DSCR +7.2/10.0
- 1% rule +5.3/10.0
- Rent growth +3.9/5.0
- Livability +3.6/5.0
- Condition / age +2.5/5.0
- Schools +1.2/10.0
- Appreciation +0.0/10.0
$125,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks
Home with great potential in Midwest City! Features a gas stove, decent-sized living and dining rooms, and a functional layout. Conveniently located near schools, shopping, and major roads.
Key facts
- Near schools
- Near shopping
- Near major roads
Tags
Property features AI
Finance
- Other: Occupied — rented/leased; Leased condition affects sale
- Financial info: Listing offered as-is; seller will consider cash and conventional financing; Loan qualification is allowed; Not assumable
- HOA & community: No mandatory association dues
Exterior
- Parking: 1-car garage
- Security: No security details provided
- Utilities: No water, sewer, or power utility details provided
- Home design: Single family residence; One-level property; Residential property
- Construction: Frame construction with vinyl siding; Composition roof; Built status: existing; Slab foundation
- Exterior features: Chain link fencing; Interior lot
Interior
- Kitchen: No kitchen appliance details provided
- Bedrooms: 2 bedrooms
- Flooring: No flooring details provided
- Bathrooms: 1 full bathroom
- Heating & cooling: No heating or cooling details provided
- Interior features: One living area; One dining area; Wood-burning fireplace
- Laundry & utility: No laundry or utility details provided
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.0-bath single-family listed at $125k.
Deal economics
- At list price, monthly cash flow is $213 ($3k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $125k).
- Recommended offer: $114k (9.0% below list) — sets the bar for market timing.
- Cap rate 8.3% vs local median 5.6% in Midwest City — 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 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; 30 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 $864 of loan paydown is wiped out by about $4k 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.
- At projected returns (-3.0% appreciation + 5.7% rent growth), your $35k cash investment doubles in ~10 years — after that, you're playing with house money.
Negotiation context
- It's been on market 105 days — a 9% lower offer ($114k) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts; this cycle's ask is 9% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
Risks & watch-outs
- Watch-outs: built in 1950 — 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.
Questions for the listing agent
- It's been on market 105 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
- Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- 1.03% ✓
- Cap rate
- 8.34%
- Cash-on-cash
- 7.30%
- DSCR
- 1.32
- GRM
- 8.1
CMA / ARV
- ARV (on-the-fly)
- $154,616
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 128 Crutcho Rd | 0.03mi | 2/1.0 | 922 (-8%) | 2mo | $165,000 | $179 | 83 |
| 9700 NE 2nd St | 0.19mi | 3/1.5 (+1) | 1,033 (+3%) | 8mo | $145,000 | $140 | 73 |
| 9713 Oak Tree Ter | 0.20mi | 3/1.5 (+1) | 1,070 (+7%) | 3mo | $130,000 | $121 | 70 |
| 9701 NE 3rd Pl | 0.38mi | 3/1.5 (+1) | 1,063 (+6%) | 3mo | $165,000 | $155 | 63 |
| 304 Lotus Ave | 0.30mi | 3/1.5 (+1) | 1,108 (+10%) | 1mo | $150,000 | $135 | 61 |
| 9704 NE 2nd St | 0.19mi | 3/1.5 (+1) | 1,108 (+10%) | 8mo | $134,000 | $121 | 61 |
| 701 Royal Ave | 0.68mi | 3/1.5 (+1) | 1,006 (+0%) | 2mo | $155,000 | $154 | 60 |
| 9620 SE 4th St | 0.28mi | 2/1.0 | 872 (-13%) | 6mo | $141,000 | $162 | 60 |
| 800 Lotus Ave | 0.75mi | 3/1.0 (+1) | 1,000 (-0%) | 3mo | $164,000 | $164 | 57 |
| 10244 Saint Patrick Dr | 0.72mi | 2/1.0 | 944 (-6%) | 0mo | $169,000 | $179 | 56 |
| 620 Lloyd Ave | 0.61mi | 3/1.5 (+1) | 952 (-5%) | 2mo | $145,000 | $152 | 54 |
| 10329 E Reno Ave | 0.72mi | 2/1.0 | 1,058 (+5%) | 8mo | $120,000 | $113 | 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
- IRR
- -2.3%
- Equity multiple
- 0.91×
- Total profit
- $-3,096
- Equity at exit
- $18,638
- IRR
- 10.0%
- Equity multiple
- 1.87×
- Total profit
- $30,382
- Equity at exit
- $10,808
Cash invested: $35,000 (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
ZIP-level market 73130
- Home prices YoY
- -21.0%
- Rents YoY
- 5.7%
- Active inventory
- 160
- Price-to-rent
- 8.1×
Monthly cashflow live
- Estimated rent
- $1,282 high interval (Pro) →
- Mortgage (P&I)
- −$656
- Tax from tax record
- −$92 /mo · $1,103/yr
- Insurance
- −$52
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$269
- Net cashflow
- $213
Break-even live
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
- $31,250
- Closing costs
- $3,750
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 30 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 9705 Oak Tree Ter Oklahoma City, OK | 3.0 | 2.0 | 1100 | $1,410 | $1.28 | 10d | 1 | 0.21mi |
| 405 Lotus Ave Oklahoma City, OK | 3.0 | 2.0 | 1300 | $1,611 | $1.24 | 1d | 1 | 0.40mi |
| 604 Moraine Ave Oklahoma City, OK | 3.0 | 1.5 | 1181 | $1,395 | $1.18 | 1d | 1 | 0.52mi |
| 633 Lotus Ave Oklahoma City, OK | 3.0 | 1.0 | 1038 | $1,300 | $1.25 | 10d | 1 | 0.64mi |
| 801 Royal Ave Oklahoma City, OK | 3.0 | 1.0 | 951 | $1,200 | $1.26 | 17d | 1 | 0.81mi |
| 8801 Saint George Way Oklahoma City, OK | 3.0 | 2.0 | 1122 | $1,175 | $1.05 | 10d | 1 | 0.84mi |
| 8801 Saint George Way Oklahoma City, OK | 3.0 | 2.0 | 1122 | $1,175 | $1.05 | 23d | 1 | 0.84mi |
| 236 Spirit Dr Midwest City, OK | 3.0 | 2.0 | 1350 | $1,600 | $1.19 | 2d | 1 | 0.88mi |
| 8910 Oak Valley Dr Oklahoma City, OK | 2.0 | 2.0 | 935 | $1,000 | $1.07 | 20d | 1 | 0.93mi |
| 8717 Saint George Way Oklahoma City, OK | 2.0 | 2.0 | 1075 | $1,150 | $1.07 | 23d | 1 | 0.96mi |
| 119 Woodman Dr Oklahoma City, OK | 3.0 | 2.0 | 1252 | $1,400 | $1.12 | 2d | 1 | 0.98mi |
| 9528 McIntosh Ave Oklahoma City, OK | 3.0 | 2.0 | 1164 | $1,195 | $1.03 | 43d | 1 | 1.01mi |
| 8517 E Reno Ave Oklahoma City, OK | 1.0–2.0 | 1.0–2.0 | 837 | $859 | $1.03 | 4d | 1 | 1.14mi |
| 9225 Stonegate Oklahoma City, OK | 2.0 | 1.0 | 870 | $1,025 | $1.18 | 2d | 1 | 1.16mi |
| 1400 Alan Ln Oklahoma City, OK | 3.0 | 2.0 | 1288 | $1,495 | $1.16 | 43d | 1 | 1.17mi |
| 910 N Oakview Dr Oklahoma City, OK | 3.0 | 2.0 | 1512 | $1,239 | $0.82 | 1d | 1 | 1.20mi |
| 1168 N Douglas Blvd Oklahoma City, OK | 1.0–2.0 | 1.0 | 725 | $1,020 | $1.41 | 17d | 1 | 1.21mi |
| 1400 Marydale Ave Oklahoma City, OK | 3.0 | 1.0 | 1082 | $1,150 | $1.06 | 16d | 1 | 1.22mi |
| 1109 Parkview Dr Oklahoma City, OK | 3.0 | 2.0 | 1290 | $1,300 | $1.01 | 23d | 1 | 1.23mi |
| 3513 Parkwoods Ln Oklahoma City, OK | 3.0 | 1.5 | 903 | $1,150 | $1.27 | 44d | 1 | 1.29mi |
| 3609 Woodside Dr Midwest City, OK | 3.0 | 1.0 | 858 | $995 | $1.16 | 2d | 1 | 1.36mi |
| 1525 N Christine Dr Oklahoma City, OK | 3.0 | 1.5 | 1264 | $1,035 | $0.82 | 2d | 1 | 1.36mi |
| 1525 McGregor Dr Oklahoma City, OK | 3.0 | 1.5 | 1012 | $1,275 | $1.26 | 2d | 1 | 1.36mi |
| 9212 Jennifer Pl Oklahoma City, OK | 3.0 | 2.0 | 960 | $1,250 | $1.30 | 43d | 1 | 1.40mi |
| 1617 N Christine Dr Oklahoma City, OK | 2.0 | 2.0 | 962 | $1,050 | $1.09 | 23d | 1 | 1.41mi |
| 10220 Isaac Dr Oklahoma City, OK | 3.0 | 1.0 | 1106 | $1,250 | $1.13 | 43d | 1 | 1.41mi |
| 4033 S Locust Dr Oklahoma City, OK | 2.0 | 1.0 | 800 | $900 | $1.12 | 23d | 1 | 1.43mi |
| 864 E Steed Dr Oklahoma City, OK | 3.0 | 1.0 | 1200 | $1,200 | $1.00 | 2d | 1 | 1.46mi |
| 9409 Rhythm Rd Oklahoma City, OK | 3.0 | 1.5 | 1087 | $1,250 | $1.15 | 21d | 1 | 1.49mi |
| 677 Midtown Pl Midwest City, OK | 1.0–2.0 | 1.0–2.0 | 770 | $1,450 | $1.88 | 1d | 1 | 1.49mi |
Listing history 18 events
-
2026-06-18days on market $125,000 Active 105 DOM
-
2026-06-17days on market $125,000 Active 104 DOM
-
2026-06-16days on market $125,000 Active 103 DOM
-
2026-06-15days on market $125,000 Active 102 DOM
-
2026-06-13days on market $125,000 Active 100 DOM
-
2026-06-13days on market $125,000 Active 99 DOM
-
2026-06-09days on market $125,000 Active 96 DOM
-
2026-06-08days on market $125,000 Active 95 DOM
-
2026-06-07days on market $125,000 Active 94 DOM
-
2026-06-05days on market $125,000 Active 91 DOM
-
2026-06-03days on market $125,000 Active 90 DOM
-
2026-06-02days on market $125,000 Active 89 DOM
-
2026-06-01days on market $125,000 Active 88 DOM
-
2026-05-31days on market $125,000 Active 87 DOM
-
2026-03-26status Active
-
2026-03-15price $125,000
-
2026-03-14status Active
-
2026-02-09$115,000 Active
ⓘ 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
- $1,103 · $92/mo
- Projected year-2 tax
- $1,125 · $94/mo
- Expected delta
- +$22/yr (+$2/mo · 2.0%)
ⓘ 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 1/10 Low
- Heat 5/10 Major 7 d/yr ≥107°F today · 19 d/yr by 30 yrs out
- Wind 3/10 Moderate 5% chance of damaging wind over 30 yrs
- Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $15,380
- − Mortgage interest
- −$7,002
- − Property taxes
- −$1,103
- − Insurance
- −$625
- − Repairs & maintenance
- −$1,230
- − Management
- −$1,230
- − Depreciation
- −$3,636
- Taxable income
- $552
- Est. tax owed @ 24.0%
- −$133
- After-tax cash flow
- $2,423/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
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
- 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
+8.7% since first listed4 events — show timeline
- 2026-03-26 Relisted — MLSOK
- 2026-03-15 Price Changed $125,000 MLSOK
- 2026-03-14 Relisted — MLSOK
- 2026-02-09 Listed $115,000 MLSOK
Property tax history
+5.6%/yrLatest (2025): $1,103 · +2.5% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…