212 N Tunbridge Rd · Midwest City, OK 73130

$245,000

3 bd · 2.0 ba · 1,881 sqft · SingleFamily public records · 65 Days on market

Built 1976 7,501 sqft lot Est $277k · 11% under $31/mo HOA · 2% of rent

---

Why this score? — see what drove the D+ 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 +13.9/30.0
• ARV discount +12.6/15.0
• DSCR +4.2/10.0
• Rent growth +3.9/5.0
• Livability +3.6/5.0
• 1% rule +3.3/10.0
• Schools +2.8/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Gorgeous 3 Bed, 2 Bath home in the sought after Eastwood Addition. The neighborhood features beautiful walking trails, a pond surrounded in greenery, and a community pool. This two story home features numerous updates including Vinyl siding, fully remodeled Kitchen and Bathrooms, New Interior Doors, Granite counter tops, and stunning landscaping. Enjoy quiet mornings on your covered patio drinking coffee and listening to nature. Only minutes from Tinker Air Force Base, Northrop Grumman, and Boeing.

Key facts

• Community pool
• Greenbelt
• Tennis courts

Tags

• GREENBELT
• NATURE WALK
• COMMUNITY POOL
• PLAYGROUND
• TENNIS COURTS
• BASKETBALL COURTS

Property features AI

Finance

• Other: Vacant and available (no occupants); Directions: From Reno and Anderson, east to neighborhood entrance on the north side of Reno.
• HOA & community: Mandatory association dues; Association fee $375 (includes greenbelt, common area maintenance, pool, recreation facility)

Exterior

• Parking: 2-car garage
• Utilities: Homestead exempt (yes)
• Home design: Single family residence; Residential property facing west; Multi-level property
• Construction: Brick and frame construction; Shingle roof; Slab foundation; Existing property; Built on a lot backing to greenbelt and wooded interior lot
• Exterior features: Covered patio; Rain gutters; Private pool with cabana (see remarks)

Interior

• Bedrooms: 3 bedrooms
• Bathrooms: 2 full bathrooms; 1 half bathroom
• Interior features: In-law/dual living plan; One masonry fireplace

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $245k.

Deal economics

• At list price, monthly cash flow is $29 ($346/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 $204k (16.7% below list).
• Recommended offer: $204k (16.7% below list) — sets the bar for 1% rule.

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.
• Choctaw-Nicoma Park (suburban): math 28% / reading 32% proficiency, ranked #48 of 270 in OK (top 18%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Nicoma Park Es (441 students, 0% FRL); Nicoma Park Ms (math 23% / reading 29%, grade F, #79 of 345 statewide, top 24%, 622 students, 0% FRL); Choctaw Hs (math 26% / reading 37%, grade F, #73 of 447 statewide, top 16%, 1,811 students, 0% FRL) — zoned schools average 0% FRL vs 34% district-wide (34 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: Rents rising fast (+5.7%/yr); 167 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 5,365 units permitted in Oklahoma County in 2024 (569 in 5+ unit buildings).
• This rent runs 34% of the median local income ($71k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k 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 65 days — a 6% lower offer ($230k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 4y 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.

Recommended offer $203,998 (16.7% below list)

Questions for the listing agent

1. It's been on market 65 days. Have you received any prior offers? Is the seller open to a 17% concession, seller financing, or rate buy-down credit?
2. Built in 1976 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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. 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?
8. 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?
9. 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.
10. 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.
11. 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: 0.83% ✗
• Cap rate: 6.43%
• Cash-on-cash: 0.50%
• DSCR: 1.02
• GRM: 10.0

CMA / ARV

• ARV (on-the-fly): $276,507
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
12421 Sussex Rd	0.17mi	3/2.0	1,900 (+1%)	12mo	$280,000	$147	81
12417 Sussex Dr	0.15mi	4/2.0 (+1)	1,942 (+3%)	10mo	$285,000	$147	74
129 Chaucer Crescent St	0.12mi	3/2.0	1,742 (-7%)	14mo	$237,000	$136	70
393 Cambridge Rd	0.27mi	3/2.0	1,812 (-4%)	14mo	$285,000	$157	69
402 Windsor Rd	0.27mi	4/2.0 (+1)	2,048 (+9%)	2mo	$322,500	$157	66
12424 Sussex Rd	0.17mi	3/2.0	1,655 (-12%)	9mo	$227,000	$137	64
12694 Green Oak Dr	0.41mi	3/2.5	2,024 (+8%)	3mo	$198,000	$98	64
104 Brook Ln	0.19mi	3/2.0	1,671 (-11%)	11mo	$240,000	$144	63
12210 Elizabeth Dr	0.32mi	4/2.5 (+1)	2,041 (+8%)	10mo	$318,000	$156	56
409 Dover Rd	0.29mi	4/3.0 (+1)	2,057 (+9%)	13mo	$299,900	$146	51
12855 Marshall St	0.65mi	3/2.0	1,752 (-7%)	16mo	$250,000	$143	45
705 Helm Dr	0.67mi	3/3.0	1,718 (-9%)	7mo	$285,000	$166	44

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: -12.7%
• Equity multiple: 0.53×
• Total profit: $-32,144
• Equity at exit: $36,530

10-year hold

• IRR: -0.1%
• Equity multiple: 0.99×
• Total profit: $-793
• Equity at exit: $21,183

Cash invested: $68,600 (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 73130

• Home prices YoY: -21.0%
• Rents YoY: 5.7%
• Active inventory: 167
• Price-to-rent: 10.0×

Monthly cashflow live

• Estimated rent: $2,040 medium
• Mortgage (P&I): −$1,285
• Tax from tax record: −$165 /mo · $1,978/yr
• Insurance: −$102
• HOA: −$31
• Vacancy / Maint / Mgmt: −$428
• Net cashflow: $29

Break-even live

Break-even rent $2,003

Max offer price $245,000

Occupancy floor 94%

Sensitivity live

Price	-10% $168	-5% $98	+0% $29	+5% $-40	+10% $-110
Rent	-10% $-132	-5% $-52	+0% $29	+5% $109	+10% $190
Rate	-1.0pp $152	-0.5pp $91	base $29	+0.5pp $-35	+1.0pp $-99

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: $61,250
• Closing costs: $7,350
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
12413 Croydon Rd Oklahoma City, OK	4.0	2.0	2498	$2,420	$0.97	22d	1	0.24mi
1604 Pennington Cir Oklahoma City, OK	4.0	2.0	1917	$1,945	$1.01	3d	1	1.27mi
1801 Pennington Cir Oklahoma City, OK	3.0	2.5	1831	$1,800	$0.98	3d	1	1.36mi
12827 SE 19th St Choctaw, OK	3.0	2.0	1702	$1,675	$0.98	23d	1	1.41mi

HOA detail

• Monthly dues: $31 · $372/yr
• Likely covers: landscapingpool

Listing history 11 events

1. 2026-04-25
   status Pending
2. 2026-03-30
   price $245,000
3. 2026-02-18
   listed $250,000 Active
4. 2022-12-16
   soldstatus $230,000
5. 2022-12-15
   soldstatus $230,000 Closed 503-char remark

   Show marketing remark (503 chars)

   Gorgeous 3 Bed, 2 Bath home in the sought after Eastwood Addition. The neighborhood features beautiful walking trails, a pond surrounded in greenery, and a community pool. This two story home features numerous updates including Vinyl siding, fully remodeled Kitchen and Bathrooms, New Interior Doors, Granite counter tops, and stunning landscaping. Enjoy quiet mornings on your covered patio drinking coffee and listening to nature. Only minutes from Tinker Air Force Base, Northrop Grumman, and Boeing.

6. 2022-11-16
   status Pending 503-char remark

   Show marketing remark (503 chars)

   Gorgeous 3 Bed, 2 Bath home in the sought after Eastwood Addition. The neighborhood features beautiful walking trails, a pond surrounded in greenery, and a community pool. This two story home features numerous updates including Vinyl siding, fully remodeled Kitchen and Bathrooms, New Interior Doors, Granite counter tops, and stunning landscaping. Enjoy quiet mornings on your covered patio drinking coffee and listening to nature. Only minutes from Tinker Air Force Base, Northrop Grumman, and Boeing.

7. 2022-10-28
   status Active 503-char remark

   Show marketing remark (503 chars)

   Gorgeous 3 Bed, 2 Bath home in the sought after Eastwood Addition. The neighborhood features beautiful walking trails, a pond surrounded in greenery, and a community pool. This two story home features numerous updates including Vinyl siding, fully remodeled Kitchen and Bathrooms, New Interior Doors, Granite counter tops, and stunning landscaping. Enjoy quiet mornings on your covered patio drinking coffee and listening to nature. Only minutes from Tinker Air Force Base, Northrop Grumman, and Boeing.

8. 2022-10-21
   historical 503-char remark

   Show marketing remark (503 chars)

   Gorgeous 3 Bed, 2 Bath home in the sought after Eastwood Addition. The neighborhood features beautiful walking trails, a pond surrounded in greenery, and a community pool. This two story home features numerous updates including Vinyl siding, fully remodeled Kitchen and Bathrooms, New Interior Doors, Granite counter tops, and stunning landscaping. Enjoy quiet mornings on your covered patio drinking coffee and listening to nature. Only minutes from Tinker Air Force Base, Northrop Grumman, and Boeing.

9. 2022-10-13
   status Pending 503-char remark

   Show marketing remark (503 chars)

   Gorgeous 3 Bed, 2 Bath home in the sought after Eastwood Addition. The neighborhood features beautiful walking trails, a pond surrounded in greenery, and a community pool. This two story home features numerous updates including Vinyl siding, fully remodeled Kitchen and Bathrooms, New Interior Doors, Granite counter tops, and stunning landscaping. Enjoy quiet mornings on your covered patio drinking coffee and listening to nature. Only minutes from Tinker Air Force Base, Northrop Grumman, and Boeing.

10. 2022-10-12
    listed $241,900 Active 503-char remark

    Show marketing remark (503 chars)

    Gorgeous 3 Bed, 2 Bath home in the sought after Eastwood Addition. The neighborhood features beautiful walking trails, a pond surrounded in greenery, and a community pool. This two story home features numerous updates including Vinyl siding, fully remodeled Kitchen and Bathrooms, New Interior Doors, Granite counter tops, and stunning landscaping. Enjoy quiet mornings on your covered patio drinking coffee and listening to nature. Only minutes from Tinker Air Force Base, Northrop Grumman, and Boeing.

11. 1992-06-03
    soldstatus $79,500

ⓘ 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: $1,978 · $165/mo
• Projected year-2 tax: $2,205 · $184/mo
• Expected delta: +$227/yr (+$19/mo · 11.5%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Taxation est. · year 1

• Rental income: $24,480
• − Mortgage interest: −$13,724
• − Property taxes: −$1,978
• − Insurance: −$1,225
• − Repairs & maintenance: −$1,958
• − Management: −$1,958
• − HOA: −$372
• − Depreciation: −$7,127
• Taxable loss: −$3,863
• Est. tax savings @ 24.0%: +$927
• After-tax cash flow: $1,273/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: Choctaw-Nicoma Park
• NCES district ID: 4007620
• Math proficiency: 28% ▼ -10.00%
• Reading proficiency: 32% ▼ -12.00%
• Median HH income: $69,072
• Composite: 28.02/100
• National rank: #6847
• State rank: #48 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
▸Energy	3	$48B

Price history

+208.2% since first listed

11 events — show timeline

• 2026-04-25 Pending — MLSOK
• 2026-03-30 Price Changed $245,000 MLSOK
• 2026-02-18 Listed $250,000 MLSOK
• 2022-12-16 Sold (Public Records) $230,000 Public Records
• 2022-12-15 Sold (MLS) $230,000 MLSOK
• 2022-11-16 Pending — MLSOK
• 2022-10-28 Relisted — MLSOK
• 2022-10-21 Listing Removed — MLSOK
• 2022-10-13 Pending — MLSOK
• 2022-10-12 Listed $241,900 MLSOK
• 1992-06-03 Sold (Public Records) $79,500 Public Records

Property tax history

+2.7%/yr

Latest (2019): $1,978 · +8.9% YoY. Source: county tax records.