907 W Minnesota Ave · Chickasha, OK 73018

$75,000

3 bd · 1.0 ba · 1,028 sqft · SingleFamily public records · 52 Days on market

Built 1940 8,276 sqft lot Est $93k · 19% 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 +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +3.3/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.1/10.0
• Appreciation +0.0/10.0

Listing remarks

Investor opportunity in Chickasha with strong exterior updates already in place. This 3 bedroom, 2 bathroom home offers a functional two-story layout with significant renovation potential. Major exterior improvements have already been completed within the last 10 years, including siding, and windows, helping reduce big-ticket upfront expenses. Interior is in unfinished condition and will require a full remodel. Property is being sold as-is and is priced accordingly. Ideal for investors, flippers, or buyers looking to customize a project from the ground up. Property sits on an elevated lot with mature trees and features a covered front porch. Cash only. No repairs will be made by seller.

Key facts

• 8,276 sq ft lot
• Built 1940
• Listed 52 days

Property features AI

Finance

• Other: Living area reported as 1,028 (assessor)
• Financial info: Not assumable
• HOA & community: No mandatory association dues

Exterior

• Utilities: No flood insurance required (per listing); Homestead status indicated
• Home design: Single family residence; Two levels; Residential property
• Construction: Frame construction; Composition roof; Combination foundation; Built — existing property
• Exterior features: Covered porch; Porch; Interior lot

Interior

• Bedrooms: 3 bedrooms
• Bathrooms: 2 full baths
• Heating & cooling: No listed heating; No listed cooling
• Interior features: One living area; No fireplace

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $75k.

Deal economics

• At list price, monthly cash flow is $563 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $75k).
• Recommended offer: $73k (3.0% below list) — sets the bar for market timing.
• Cap rate 15.3% vs local median 4.8% in Chickasha — 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 66/100 on livability (#117 in OK) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: amenities F, commute F, health & safety F.
• Chickasha (town): math 23% / reading 27% proficiency, ranked #115 of 270 in OK (top 43%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 64% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Bill Wallace Ec Ctr (460 students, 0% FRL); Chickasha Hs (math 12% / reading 27%, grade F, #296 of 447 statewide, top 67%, 749 students, 0% FRL) — zoned schools average 0% FRL vs 64% district-wide (64 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: 205 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals leasing fast (median 3d on market — plan ~1-2 weeks tenant-placement turnaround); 224 units permitted in Grady County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $519 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Grady County population projected at +20% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $21k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 52 days — a 3% lower offer ($73k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $25k; list at $75k implies a 200% gain — meaningful room to come down on a strong offer.

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 $72,750 (3.0% below list)

Questions for the listing agent

1. It's been on market 52 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1940 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
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: 1.74% ✓
• Cap rate: 15.30%
• Cash-on-cash: 32.18%
• DSCR: 2.43
• GRM: 4.8

CMA / ARV

• ARV (on-the-fly): $92,520
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
319 S 9th St	0.14mi	2/1.0 (-1)	1,060 (+3%)	2mo	$65,000	$61	82
1316 W Dakota Ave	0.32mi	2/1.0 (-1)	1,041 (+1%)	6mo	$111,900	$107	72
726 S 15th St	0.48mi	2/1.0 (-1)	1,064 (+4%)	1mo	$31,000	$29	66
926 S 9th St	0.33mi	3/1.5	1,122 (+9%)	4mo	$115,000	$102	64
1020 S 14th St	0.54mi	2/1.0 (-1)	1,063 (+3%)	0mo	$96,000	$90	64
1007 W Colorado Ave	0.19mi	2/2.0 (-1)	938 (-9%)	6mo	$113,000	$120	63
1219 W Colorado Ave	0.29mi	3/1.5	1,144 (+11%)	4mo	$65,500	$57	62
4 Cottonwood Dr	0.64mi	2/1.0 (-1)	944 (-8%)	3mo	$95,400	$101	49
1005 S 17th St	0.67mi	2/1.0 (-1)	1,092 (+6%)	5mo	$68,000	$62	49
1619 W Iowa Ave	0.55mi	2/1.0 (-1)	1,156 (+12%)	0mo	$60,000	$52	48
1127 S 10th St	0.47mi	2/1.5 (-1)	1,162 (+13%)	2mo	$105,000	$90	48
928 S 2nd St	0.67mi	3/2.0	1,108 (+8%)	7mo	$162,900	$147	46

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 27.2%
• Equity multiple: 2.13×
• Total profit: $23,698
• Equity at exit: $11,183

10-year hold

• IRR: 34.7%
• Equity multiple: 4.18×
• Total profit: $66,765
• Equity at exit: $6,485

Cash invested: $21,000 (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.

Methodology + full state rankings →

ZIP-level market 73018

• Home prices YoY: -21.1%
• Active inventory: 205
• Price-to-rent: 4.8×

Monthly cashflow live

• Estimated rent: $1,303 high
• Mortgage (P&I): −$393
• Tax from tax record: −$42 /mo · $498/yr
• Insurance: −$31
• HOA: −$0
• Vacancy / Maint / Mgmt: −$274
• Net cashflow: $563

Break-even live

Break-even rent $590

Max offer price $75,000

Occupancy floor 52%

Sensitivity live

Price	-10% $606	-5% $584	+0% $563	+5% $542	+10% $521
Rent	-10% $460	-5% $512	+0% $563	+5% $615	+10% $666
Rate	-1.0pp $601	-0.5pp $582	base $563	+0.5pp $544	+1.0pp $524

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: $18,750
• Closing costs: $2,250
• Reserves months: —
• Total cash needed: —

Rent comps 13 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
519 W Minnesota Ave Chickasha, OK	2.0	2.0	1100	$1,250	$1.14	3d	1	0.30mi
1223 W Colorado Ave Chickasha, OK	2.0	2.0	864	$1,275	$1.48	3d	1	0.32mi
509 W Oregon Ave Chickasha, OK	2.0	2.0	900	$1,200	$1.33	3d	1	0.37mi
1024 S 13th St Chickasha, OK	2.0	2.0	1265	$925	$0.73	12d	1	0.50mi
1008 S 14th St Chickasha, OK	3.0	2.0	1485	$1,395	$0.94	3d	1	0.54mi
816 S 2nd St Chickasha, OK	3.0	2.0	1047	$1,100	$1.05	3d	1	0.60mi
810 W Illinois Ave Chickasha, OK	2.0	2.0	1100	$1,250	$1.14	25d	1	0.62mi
810 W Illinois Ave Chickasha, OK	2.0	2.0	1100	$1,250	$1.14	4d	1	0.62mi
1315 S Sheppard St Chickasha, OK	2.0	2.0	864	$1,250	$1.45	4d	1	0.95mi
607 W Wisconsin Ave Chickasha, OK	3.0	2.0	1270	$1,395	$1.10	12d	1	1.04mi
641 Marlin Ct Chickasha, OK	2.0–3.0	2.0	1300	$1,595	$1.23	3d	3	1.14mi
2220 W Utah Ave Unit 2220 Chickasha, OK	2.0	1.0	910	$1,055	$1.16	3d	1	1.47mi
2226 W Utah Ave Chickasha, OK	2.0	1.0	1000	$1,055	$1.05	16d	1	1.50mi

Listing history 18 events

1. 2026-06-21
   days on market $75,000 Active 52 DOM
2. 2026-06-18
   days on market $75,000 Active 49 DOM
3. 2026-06-17
   days on market $75,000 Active 48 DOM
4. 2026-06-16
   days on market $75,000 Active 47 DOM
5. 2026-06-15
   days on market $75,000 Active 46 DOM
6. 2026-06-13
   days on market $75,000 Active 44 DOM
7. 2026-06-09
   days on market $75,000 Active 40 DOM
8. 2026-06-08
   days on market $75,000 Active 39 DOM
9. 2026-06-07
   days on market $75,000 Active 38 DOM
10. 2026-06-05
    days on market $75,000 Active 35 DOM
11. 2026-06-03
    days on market $75,000 Active 34 DOM
12. 2026-06-02
    days on market $75,000 Active 33 DOM
13. 2026-06-01
    days on market $75,000 Active 32 DOM
14. 2026-05-31
    days on market $75,000 Active 31 DOM
15. 2026-04-30
    listed $75,000 Active
16. 2008-03-03
    soldstatus $25,000
17. 2005-05-31
    soldstatus $12,000
18. 1996-03-29
    soldstatus $10,000

ⓘ 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: $498 · $42/mo
• Projected year-2 tax: $675 · $56/mo
• Expected delta: +$177/yr (+$15/mo · 35.5%)

ⓘ 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 ≥109°F today · 19 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 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: $15,633
• − Mortgage interest: −$4,201
• − Property taxes: −$498
• − Insurance: −$375
• − Repairs & maintenance: −$1,251
• − Management: −$1,251
• − Depreciation: −$2,182
• Taxable income: $5,875
• Est. tax owed @ 24.0%: −$1,410
• After-tax cash flow: $5,347/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: Chickasha
• NCES district ID: 4007560
• Math proficiency: 23% ▼ -11.00%
• Reading proficiency: 27% ▼ -8.00%
• Median HH income: $38,561
• Composite: 20.95/100
• National rank: #8476
• State rank: #115 of 270 in OK

Livability — Chickasha

• Score: 66/100
• State rank: #117
• US rank: #11902

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Chickasha, OK
• County: Grady County · 20,505 people
• City population: 20,505
• Metro: Oklahoma City, OK
• Population (ZIP): 20,505
• Household income: $56,484
• Rent vs Own: 40.3% rent · 59.7% own
• Severe rent burden: 685.0

Population outlook (Grady County) Hauer SSP2

• Today (2025): 59,962 people
• By 2030: 62,513 · +4.3%
• By 2040: 67,338 · +12.3%
• By 2050: 71,719 · +19.6%
• By 2075: 82,684 · +37.9%
• By 2100: 89,387 · +49.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (74%)
• Race & ethnicity: White 74% Two or more races 11% Hispanic / Latino 9% Black 5% Native American 5%
• Hispanic origin (detail): Mexican 6%
• Common ancestry: Slovak 2% Iranian 2% Italian 2%
• Foreign-born: 2% · Canada
• Languages at home: 96% English-only · Spanish 3%

Political lean MEDSL · Grady

• 2024 margin: Solid R (+62.7) · D 17.9% · R 80.6% · Other 1.5%
• 2008→2024 swing: -16.0pp toward R · 2008: -46.7pp · 2024: -62.7pp
• All cycles: 2024: R+62.7 2020: R+62.3 2016: R+60.3 2012: R+51.2 2008: R+46.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -66.82%
• Current HPI: 249.6051
• Rent YoY: —
• 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

+650.0% since first listed

4 events — show timeline

• 2026-04-30 Listed $75,000 MLSOK
• 2008-03-03 Sold (Public Records) $25,000 Public Records
• 2005-05-31 Sold (Public Records) $12,000 Public Records
• 1996-03-29 Sold (Public Records) $10,000 Public Records

Property tax history

+4.7%/yr

Latest (2025): $498 · +5.7% YoY. Source: county tax records.