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123 Grandview Rd
C+ Composite 61.3
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

123 Grandview Rd · Midwest City, OK 73130
2 bd · 1.0 ba · 1,004 sqft · SingleFamily public records · 105 Days on market
Built 1950 0.45 ac lot Est $155k · 19% under

🖨 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

GAS STOVELIVING AND DINING ROOMSFUNCTIONAL LAYOUTNEAR SCHOOLSNEAR SHOPPINGNEAR MAJOR ROADS

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

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

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.
Recommended offer $113,750 (9.0% below list)

Questions for the listing agent

  1. 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?
  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 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?
  6. 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?
  7. 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.
  8. 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.
  9. 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

5-year hold
IRR
-2.3%
Equity multiple
0.91×
Total profit
$-3,096
Equity at exit
$18,638
10-year hold
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
5-day notice; strongly landlord-favorable.

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

Break-even rent $1,012
Max offer price $125,000
Occupancy floor 78%

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

AddressBedsBaths SqftRent$/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

  1. 2026-06-18
    days on market $125,000 Active 105 DOM
  2. 2026-06-17
    days on market $125,000 Active 104 DOM
  3. 2026-06-16
    days on market $125,000 Active 103 DOM
  4. 2026-06-15
    days on market $125,000 Active 102 DOM
  5. 2026-06-13
    days on market $125,000 Active 100 DOM
  6. 2026-06-13
    days on market $125,000 Active 99 DOM
  7. 2026-06-09
    days on market $125,000 Active 96 DOM
  8. 2026-06-08
    days on market $125,000 Active 95 DOM
  9. 2026-06-07
    days on market $125,000 Active 94 DOM
  10. 2026-06-05
    days on market $125,000 Active 91 DOM
  11. 2026-06-03
    days on market $125,000 Active 90 DOM
  12. 2026-06-02
    days on market $125,000 Active 89 DOM
  13. 2026-06-01
    days on market $125,000 Active 88 DOM
  14. 2026-05-31
    days on market $125,000 Active 87 DOM
  15. 2026-03-26
    status Active
  16. 2026-03-15
    price $125,000
  17. 2026-03-14
    status Active
  18. 2026-02-09
    listed $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
combined federal + state — saved on this device
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

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

Price history

+8.7% since first listed
4 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%/yr

Latest (2025): $1,103 · +2.5% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…