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6910 NW 53rd St
F Composite 21.04
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 +7.1/30.0
  • Rent growth +4.2/5.0
  • Livability +3.7/5.0
  • Condition / age +2.5/5.0
  • DSCR +1.3/10.0
  • Schools +1.3/10.0
  • 1% rule +1.0/10.0
  • ARV discount +0.0/15.0
  • Appreciation +0.0/10.0

$169,900

6910 NW 53rd St · Bethany, OK 73008
2 bd · 1.0 ba · 747 sqft · SingleFamily public records · 126 Days on market
Built 1951 7,501 sqft lot Est $129k · 31% over

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Quiet Bethany street, this home has new insulation, indoor utilities, new carpet, fresh paint, HVAC is only 3 years old, fans in all the bedrooms, large backward with storage building.

Key facts

  • Remodeled bathroom
  • New appliances
  • Remodeled property

Tags

REMODELED PROPERTYHUGE LOTOUTDOOR LIVINGUPDATED KITCHENNEW APPLIANCESREMODELED BATHROOM

Property features AI

Finance

  • Other: Homestead exempt; Located in Ingram Hatley Fairview 3rd addition
  • Financial info: Loan qualifying available; Not assumable
  • HOA & community: No mandatory association dues

Exterior

  • Utilities: Cable available; Electricity available; Natural gas available; Public utilities
  • Home design: Single-family residence; One-level; North-facing; Residential property
  • Construction: Frame and vinyl exterior; Architectural shingle roof; Conventional foundation; Built (existing)
  • Exterior features: Covered porch; Interior lot

Interior

  • Bedrooms: 3 bedrooms
  • Bathrooms: 1 full bathroom
  • Heating & cooling: Central gas heating
  • Interior features: Ceiling fans

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 $170k.

Deal economics

  • At list price, monthly cash flow is $-243 ($-3k/yr) — negative.
  • To cash-flow at today's rent, offer at most $127k (25.3% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $103k (39.5% below list).
  • Recommended offer: $103k (39.5% below list) — sets the bar for 1% rule.

Location & tenants

  • Location reads 73/100 on livability (#18 in OK) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A-; Watch: employment C-, amenities F, commute F.
  • Putnam City (urban): math 12% / reading 16% proficiency, ranked #227 of 270 in OK (top 84%) — 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.
  • Zoned schools: Central Es (math 9% / reading 12%, grade F, #692 of 845 statewide, top 82%, 601 students, 0% FRL); Putnam City Hs (math 12% / reading 23%, grade F, #307 of 447 statewide, top 69%, 2,014 students, 0% FRL) — zoned schools average 0% FRL vs 65% district-wide (65 pts lower); this property's tenant base skews higher-income than the district average.
  • Market conditions: Rents rising fast (+6.9%/yr); 73 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals at typical pace (median 25d 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

  • It's been on market 126 days — a 12% lower offer ($150k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts since 19y 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.
  • Current owner paid $115k; 48% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Watch-outs: built in 1951 — 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 $102,720 (39.5% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 126 days. Have you received any prior offers? Is the seller open to a 40% concession, seller financing, or rate buy-down credit?
  3. Built in 1951 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. 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?
  7. 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?
  8. 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.
  9. 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.
  10. 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
0.60%
Cap rate
4.58%
Cash-on-cash
-6.13%
DSCR
0.73
GRM
13.8

CMA / ARV

ARV (on-the-fly)
$129,231
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
6808 NW 53rd St 0.09mi 2/1.0 720 (-4%) 6mo $105,000 $146 84
5202 N Rockwell Ave 0.15mi 2/1.0 725 (-3%) 6mo $104,000 $143 83
6823 N NW 50th St 0.20mi 2/1.0 721 (-4%) 10mo $98,000 $136 77
5107 N Dawson Ave 0.17mi 2/1.0 797 (+7%) 9mo $137,500 $173 73
7003 NW 57th St 0.28mi 2/1.0 690 (-8%) 2mo $68,000 $99 73
6904 NW 59th Ter 0.44mi 2/1.0 736 (-2%) 9mo $140,000 $190 70
7002 NW 50th St 0.23mi 2/1.0 810 (+8%) 8mo $105,000 $130 68
7007 NW 48th St 0.33mi 2/1.0 816 (+9%) 6mo $125,000 $153 65
6021 NW 57th St 0.59mi 3/1.0 (+1) 736 (-2%) 1mo $130,000 $177 64
4908 N Central Rd 0.40mi 2/1.0 673 (-10%) 6mo $125,000 $186 60
4900 Beaver 0.33mi 2/1.0 642 (-14%) 10mo $114,900 $179 52
6109 NW 55th St 0.50mi 3/1.5 (+1) 811 (+9%) 10mo $159,000 $196 47

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 · 6.93% rent growth · sell at horizon

5-year hold
IRR
-23.2%
Equity multiple
0.18×
Total profit
$-38,853
Equity at exit
$25,333
10-year hold
IRR
-10.7%
Equity multiple
0.26×
Total profit
$-35,220
Equity at exit
$14,690

Cash invested: $47,572 (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 73008

Rents YoY
6.9%
Active inventory
73
Price-to-rent
13.8×

Monthly cashflow live

Estimated rent
$1,027 high interval (Pro) →
Mortgage (P&I)
$891
Tax from tax record
$93 /mo · $1,114/yr
Insurance
$71
HOA
$0
Vacancy / Maint / Mgmt
$216
Net cashflow
$-243

Break-even live

Break-even rent $1,335
Max offer price $126,947
Occupancy floor

Sensitivity live

Price -10% $-147 -5% $-195 +0% $-243 +5% $-291 +10% $-339
Rent -10% $-324 -5% $-284 +0% $-243 +5% $-203 +10% $-162
Rate -1.0pp $-158 -0.5pp $-200 base $-243 +0.5pp $-287 +1.0pp $-332

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
$42,475
Closing costs
$5,097
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 12 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
6811 NW 49th St Bethany, OK 2.0 1.0 680 $1,075 $1.58 11d 1 0.26mi
5617 N Donald Ave Oklahoma City, OK 2.0 1.0 720 $1,045 $1.45 17d 1 0.47mi
4207 1/2 N Beaver Ave Bethany, OK 2.0 1.0 560 $850 $1.52 24d 1 0.72mi
4207 N Beaver Ave Bethany, OK 2.0 1.0 560 $850 $1.52 24d 1 0.72mi
4007 N Rockwell Ave Bethany, OK 2.0 1.0 636 $875 $1.38 24d 1 0.90mi
4005 N Rockwell Ave Bethany, OK 2.0 1.0 636 $900 $1.42 24d 1 0.91mi
3901 N Rockwell Ave Bethany, OK 1.0–2.0 1.0 662 $775 $1.17 12d 2 1.04mi
4500 N MacArthur Blvd Warr Acres, OK 1.0–2.0 1.0 755 $770 $1.02 3d 1 1.12mi
6103 NW 63rd St Oklahoma City, OK 1.0 1.0 696 $795 $1.14 24d 1 1.12mi
5912 NW 41st St Unit 29 Warr Acres, OK 1.0 1.0 552 $850 $1.54 24d 1 1.17mi
5577 NW 50th St Oklahoma City, OK 1.0–2.0 1.0–2.0 725 $1,149 $1.58 4d 6 1.29mi
4301 N Wall St Warr Acres, OK 3.0 1.0 747 $1,775 $2.38 20d 1 1.47mi

Listing history 24 events

  1. 2026-06-18
    days on market $169,900 Active 126 DOM
  2. 2026-06-17
    days on market $169,900 Active 125 DOM
  3. 2026-06-16
    days on market $169,900 Active 124 DOM
  4. 2026-06-15
    days on market $169,900 Active 123 DOM
  5. 2026-06-13
    days on market $169,900 Active 121 DOM
  6. 2026-06-13
    days on market $169,900 Active 120 DOM
  7. 2026-06-09
    days on market $169,900 Active 117 DOM
  8. 2026-06-08
    days on market $169,900 Active 116 DOM
  9. 2026-06-07
    days on market $169,900 Active 115 DOM
  10. 2026-06-03
    days on market $169,900 Active 111 DOM
  11. 2026-06-02
    days on market $169,900 Active 110 DOM
  12. 2026-06-01
    days on market $169,900 Active 109 DOM
  13. 2026-05-31
    days on market $169,900 Active 108 DOM
  14. 2026-02-27
    price $169,900
  15. 2026-02-12
    listed $175,000 Active
  16. 2025-12-16
    soldstatus $115,000
  17. 2014-09-09
    historical
  18. 2014-07-15
    listed $79,900
  19. 2009-08-06
    soldstatus $67,000
  20. 2009-07-03
    soldstatus $67,000 184-char remark
    Show marketing remark (184 chars)

    Quiet Bethany street, this home has new insulation, indoor utilities, new carpet, fresh paint, HVAC is only 3 years old, fans in all the bedrooms, large backward with storage building.

  21. 2009-04-30
    listed $69,000 184-char remark
    Show marketing remark (184 chars)

    Quiet Bethany street, this home has new insulation, indoor utilities, new carpet, fresh paint, HVAC is only 3 years old, fans in all the bedrooms, large backward with storage building.

  22. 2008-01-01
    historical
  23. 2007-09-26
    listed $74,900
  24. 1994-05-17
    soldstatus $36,500

ⓘ 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
$1,114 · $93/mo
Projected year-2 tax
$1,529 · $127/mo
Expected delta
+$415/yr (+$35/mo · 37.2%)

ⓘ 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 3/10 Moderate
  • 🌡 Heat 5/10 Major 7 d/yr ≥106°F today · 19 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low 3% 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
$12,326
− Mortgage interest
−$9,517
− Property taxes
−$1,114
− Insurance
−$850
− Repairs & maintenance
−$986
− Management
−$986
− Depreciation
−$4,943
Taxable loss
−$6,069
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,457
After-tax cash flow
$-1,461/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
Putnam City
NCES district ID
4025290
Math proficiency
12% ▼ -18.00%
Reading proficiency
16% ▼ -14.00%
Median HH income
$46,657
Composite
12.61/100
National rank
#9614
State rank
#227 of 270 in OK

Livability — Bethany

Score
73/100
State rank
#18
US rank
#5466

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Bethany, OK
County
Oklahoma County · 771,644 people
City population
21,472
Metro
Oklahoma City, OK
Population (ZIP)
21,472
Household income
$57,459
Rent vs Own
46.0% rent · 54.0% own
Severe rent burden
892.0

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 0.62)
Race & ethnicity
White 57% Hispanic / Latino 21% Two or more races 14% Black 11% Native American 4%
Hispanic origin (detail)
Mexican 19%
Common ancestry
Italian 4% Iranian 2% Slovak 2%
Foreign-born
9% · Canada, Vietnam
Languages at home
81% English-only · Spanish 17% French/Haitian/Cajun 1% Vietnamese 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
▼ -140.71%
Current HPI
251.1185
Rent YoY
▲ 6.93%
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

+365.5% since first listed
11 events — show timeline
  • 2026-02-27 Price Changed $169,900 MLSOK
  • 2026-02-12 Listed $175,000 MLSOK
  • 2025-12-16 Sold (Public Records) $115,000 Public Records
  • 2014-09-09 Listing Removed MLSOK
  • 2014-07-15 Listed $79,900 MLSOK
  • 2009-08-06 Sold (Public Records) $67,000 Public Records
  • 2009-07-03 Sold (MLS) $67,000 MLSOK
  • 2009-04-30 Listed $69,000 MLSOK
  • 2008-01-01 Listing Removed MLSOK
  • 2007-09-26 Listed $74,900 MLSOK
  • 1994-05-17 Sold (Public Records) $36,500 Public Records

Property tax history

+6.1%/yr

Latest (2025): $1,114 · +6.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…