Rc Mitchell Plan · Oklahoma City, OK 73099

$218,900

3 bd · 2.0 ba · 1,373 sqft · SingleFamily · 169 Days on market

Good condition Garage

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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 +10.2/30.0
• ARV discount +7.5/15.0
• Livability +4.0/5.0
• Condition / age +4.0/5.0
• Schools +3.9/10.0
• 1% rule +3.0/10.0
• DSCR +2.9/10.0
• Rent growth +2.8/5.0
• Appreciation +0.0/10.0

Listing remarks

This new single-story home offers ample space to live and grow. An open-concept floorplan boasts convenient access to a covered patio for seamless entertaining and leisure. Two bedrooms are tucked away to the side for optimal comfort, and a luxurious owner's suite is nestled at the back of the home, complete with a full bathroom and walk-in closet.

Key facts

• 2 garage spots
• Listed 168 days

🏗️ New construction. The $218,900 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $226,105.

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $219k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-130 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $207k (5.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $181k (17.1% below list).
• Recommended offer: $181k (17.1% below list) — sets the bar for 1% rule.
• Cap rate 5.6% vs local median 3.9% in Oklahoma 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 80/100 on livability (#3 in OK, #1,635 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, cost of living A+; Watch: crime F.
• Piedmont (rural): math 37% / reading 39% proficiency, ranked #9 of 270 in OK (top 3%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; only 15% free/reduced lunch — higher-income household profile.
• Zoned schools: Stone Ridge Es (math 49% / reading 41%, grade D-, #60 of 845 statewide, top 7%, 594 students, 0% FRL); Piedmont Ms (math 32% / reading 32%, grade F, #39 of 345 statewide, top 12%, 772 students, 0% FRL); Piedmont Hs (math 38% / reading 44%, grade F, #24 of 447 statewide, top 5%, 1,422 students, 0% FRL).
• Market conditions: Rents rising (+1.2%/yr); 2361 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 64d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 52% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 260 units permitted in Canadian County in 2024 (0 in 5+ unit buildings).

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.
• Canadian County population projected at +64% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 169 days — a 12% lower offer ($193k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• 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 $181,393 (17.1% 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 169 days. Have you received any prior offers? Is the seller open to a 17% concession, seller financing, or rate buy-down credit?
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 F-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 F 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. 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: 0.80% ✗
• Cap rate: 5.61%
• Cash-on-cash: -2.46%
• DSCR: 0.89
• GRM: 10.4

CMA / ARV

• ARV (median comp): $226,105
• List price: $218,900
• Delta: -3.19%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
12841 Torretta Way	0.00mi	3/2.0	1,402 (+2%)	1mo	$220,000	$157	96
12828 Torretta Way	0.03mi	3/2.0	1,402 (+2%)	1mo	$225,000	$160	94
12913 Florence Ln	0.07mi	3/2.0	1,402 (+2%)	1mo	$225,300	$161	92
12908 Florence Ln	0.07mi	3/2.0	1,402 (+2%)	1mo	$229,900	$164	92
12704 Carrara Ln	0.10mi	3/2.0	1,420 (+3%)	1mo	$278,900	$196	89
12904 Florence Ln	0.07mi	4/2.0 (+1)	1,459 (+6%)	1mo	$240,000	$164	80
12900 Florence Ln	0.11mi	3/2.0	1,248 (-9%)	1mo	$209,662	$168	79
12404 Spruce Knob Ln	0.42mi	3/2.0	1,302 (-5%)	0mo	$232,490	$179	71
11840 Kameron Way	0.53mi	3/2.0	1,347 (-2%)	1mo	$209,900	$156	71
9501 NW 120th St	0.47mi	3/2.0	1,256 (-8%)	1mo	$215,000	$171	63
9616 NW 123rd St	0.48mi	3/2.0	1,522 (+11%)	1mo	$234,500	$154	59
12205 Katie Ridge Rd	0.48mi	3/2.0	1,548 (+13%)	1mo	$268,000	$173	56

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 · 1.19% rent growth · sell at horizon

5-year hold

• IRR: -22.4%
• Equity multiple: 0.24×
• Total profit: $-48,108
• Equity at exit: $33,713

10-year hold

• IRR: -21.8%
• Equity multiple: -0.03×
• Total profit: $-65,246
• Equity at exit: $19,549

Cash invested: $63,309 (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 →

Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 91 active · 48 under contract
• Months of supply: 7.5 mo (13%/mo absorbed)
• Median asking: $287,900 ($186/sqft)
• Median days on market: 69 d
• This list price: 8% of active listings are priced below it
• ARV vs active asking: -11.6% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 73099

• Rents YoY: 1.2%
• Active inventory: 2361
• Price-to-rent: 10.1×

Monthly cashflow live

• Estimated rent: $1,814 high
• Mortgage (P&I): −$1,186
• Tax est. 1.5%: −$283 /mo · $3,392/yr
• Insurance: −$94
• HOA: −$0
• Vacancy / Maint / Mgmt: −$381
• Net cashflow: $-130

Break-even live

Break-even rent $1,978

Max offer price $207,358

Occupancy floor —

Sensitivity live

Price	-10% $27	-5% $-51	+0% $-130	+5% $-208	+10% $-286
Rent	-10% $-273	-5% $-201	+0% $-130	+5% $-58	+10% $14
Rate	-1.0pp $-16	-0.5pp $-72	base $-130	+0.5pp $-188	+1.0pp $-248

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: $56,526
• Closing costs: $6,783
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
12845 Torretta Way Yukon, OK	4.0	2.0	1459	$1,745	$1.20	107d	1	0.02mi
12825 Torretta Way Yukon, OK	3.0	2.0	1373	$1,585	$1.15	85d	1	0.02mi
12845 Torretta Way Yukon, OK	4.0	2.0	1459	$1,745	$1.20	113d	1	0.02mi
12816 Torretta Way Yukon, OK	4.0	2.0	1459	$1,730	$1.19	100d	1	0.05mi
12913 Florence Ln Yukon, OK	3.0	2.0	1402	$1,595	$1.14	10d	1	0.06mi
12725 Carrara Ln Yukon, OK	3.0	2.0	1286	$1,625	$1.26	0d	1	0.08mi
12721 Carrara Ln Yukon, OK	3.0	2.0	1642	$1,785	$1.09	67d	1	0.08mi
12713 Carrara Ln Yukon, OK	3.0	2.0	1286	$1,625	$1.26	4d	1	0.08mi
12709 Carrara Ln Yukon, OK	3.0	2.0	1642	$1,780	$1.08	1d	1	0.09mi
12701 Carrara Ln Yukon, OK	3.0	2.0	1420	$1,685	$1.19	1d	1	0.10mi
12732 Carrara Ln Yukon, OK	3.0	2.0	1642	$1,785	$1.09	64d	1	0.11mi
12724 Carrara Ln Yukon, OK	3.0	2.0	1642	$1,785	$1.09	64d	1	0.11mi
12736 Carrara Ln Yukon, OK	3.0	2.0	1420	$1,710	$1.20	0d	1	0.11mi
12800 Carrara Ln Yukon, OK	3.0	2.0	1286	$1,620	$1.26	1d	1	0.11mi
12712 Carrara Ln Yukon, OK	3.0	2.0	1420	$1,675	$1.18	0d	1	0.12mi
12700 Carrara Ln Yukon, OK	3.0	2.0	1642	$1,815	$1.11	1d	1	0.12mi
12701 Cortona Ter Yukon, OK	3.0	2.0	1200	$1,695	$1.41	10d	1	0.26mi
12701 Cortona Ter Yukon, OK	3.0	2.0	1200	$1,695	$1.41	0d	1	0.26mi
12721 Cortona Ter Yukon, OK	4.0	2.0	1650	$1,995	$1.21	67d	1	0.27mi
12721 Cortona Ter Yukon, OK	4.0	2.0	1650	$1,995	$1.21	82d	1	0.27mi
9121 NW 124th St Yukon, OK	4.0	2.0	1650	$2,500	$1.52	10d	1	0.31mi
9117 NW 124th St Yukon, OK	3.0	2.0	1625	$1,999	$1.23	72d	1	0.31mi
9109 NW 127th St Oklahoma City, OK	3.0	2.0	1400	$1,845	$1.32	117d	1	0.32mi
9109 NW 127th St Oklahoma City, OK	3.0	2.0	1400	$1,845	$1.32	119d	1	0.32mi
9113 NW 123rd St Yukon, OK	3.0	2.0	1625	$1,999	$1.23	80d	1	0.35mi
9428 NW 122nd Ter Yukon, OK	3.0	2.0	1256	$1,495	$1.19	10d	1	0.36mi
9017 NW 127th St Oklahoma City, OK	3.0	2.0	1200	$1,695	$1.41	119d	1	0.37mi
9620 NW 126th St Yukon, OK	3.0	2.0	1522	$1,700	$1.12	7d	1	0.39mi
9005 NW 127th St Yukon, OK	4.0	2.0	1565	$1,995	$1.27	72d	1	0.40mi
9005 NW 127th St Yukon, OK	4.0	2.0	1565	$1,995	$1.27	88d	1	0.40mi
12800 Elba Dr Yukon, OK	4.0	2.0	1650	$2,095	$1.27	64d	1	0.42mi
12800 Elba Dr Yukon, OK	4.0	2.0	1650	$2,045	$1.24	7d	1	0.42mi
12704 Elba Dr Yukon, OK	3.0	2.0	1400	$1,845	$1.32	10d	1	0.42mi
9609 NW 123rd St Yukon, OK	4.0	2.0	1720	$1,850	$1.08	110d	1	0.43mi
12700 Elba Dr Yukon, OK	4.0	2.0	1565	$1,995	$1.27	58d	1	0.43mi
12700 Elba Dr Yukon, OK	4.0	2.0	1565	$1,945	$1.24	7d	1	0.43mi
9113 NW 121st St Yukon, OK	4.0	2.0	1650	$1,986	$1.20	119d	1	0.45mi
9612 NW 123rd St Yukon, OK	4.0	2.0	1720	$1,795	$1.04	75d	1	0.45mi
9721 NW 124th St Yukon, OK	4.0	2.0	1720	$1,725	$1.00	10d	1	0.51mi
9253 NW 129th St Oklahoma City, OK	4.0	2.0	1459	$1,725	$1.18	5d	1	0.52mi

Property features AI

Finance

• Financial info: List price $228,900Inventory type: Plan

Exterior

• Parking: 2 garage spaces2 total parking spaces
• Home design: Single-family plan homeAddress: 12805 Toretta Way, Yukon, OK 73099
• Exterior features: Living area approximately 1,373

Interior

• Bedrooms: 3 bedrooms
• Bathrooms: 2 full bathrooms
• Interior features: Plan home (Rc Mitchell)

Listing history 50 events

1. 2026-09-24
   days on market $218,900 Active 169 DOM
2. 2026-09-23
   days on market $218,900 Active 168 DOM
3. 2026-09-22
   days on market $218,900 Active 167 DOM
4. 2026-09-21
   days on market $218,900 Active 166 DOM
5. 2026-09-20
   days on market $218,900 Active 165 DOM
6. 2026-09-19
   days on market $218,900 Active 164 DOM
7. 2026-09-18
   days on market $218,900 Active 163 DOM
8. 2026-09-17
   days on market $218,900 Active 162 DOM
9. 2026-09-16
   pricedays on market $218,900 Active 161 DOM
10. 2026-09-15
    days on market $229,900 Active 160 DOM
11. 2026-09-14
    days on market $229,900 Active 159 DOM
12. 2026-09-13
    days on market $229,900 Active 158 DOM
13. 2026-09-12
    days on market $229,900 Active 157 DOM
14. 2026-09-11
    days on market $229,900 Active 156 DOM
15. 2026-09-05
    days on market $229,900 Active 150 DOM
16. 2026-09-04
    days on market $229,900 Active 149 DOM
17. 2026-09-03
    days on market $229,900 Active 148 DOM
18. 2026-08-31
    days on market $229,900 Active 145 DOM
19. 2026-08-30
    days on market $229,900 Active 144 DOM
20. 2026-08-29
    days on market $229,900 Active 143 DOM
21. 2026-08-28
    days on market $229,900 Active 142 DOM
22. 2026-08-27
    days on market $229,900 Active 141 DOM
23. 2026-08-25
    days on market $229,900 Active 139 DOM
24. 2026-08-24
    days on market $229,900 Active 138 DOM
25. 2026-08-23
    days on market $229,900 Active 137 DOM
26. 2026-08-22
    days on market $229,900 Active 136 DOM
27. 2026-08-21
    days on market $229,900 Active 135 DOM
28. 2026-08-20
    days on market $229,900 Active 134 DOM
29. 2026-08-19
    days on market $229,900 Active 133 DOM
30. 2026-08-18
    days on market $229,900 Active 132 DOM
31. 2026-08-17
    days on market $229,900 Active 131 DOM
32. 2026-08-16
    days on market $229,900 Active 130 DOM
33. 2026-08-15
    days on market $229,900 Active 129 DOM
34. 2026-08-14
    days on market $229,900 Active 128 DOM
35. 2026-08-13
    days on market $229,900 Active 127 DOM
36. 2026-08-12
    days on market $229,900 Active 126 DOM
37. 2026-08-11
    days on market $229,900 Active 125 DOM
38. 2026-08-10
    days on market $229,900 Active 124 DOM
39. 2026-08-09
    days on market $229,900 Active 123 DOM
40. 2026-08-08
    days on market $229,900 Active 122 DOM
41. 2026-08-07
    days on market $229,900 Active 121 DOM
42. 2026-08-06
    days on market $229,900 Active 120 DOM
43. 2026-08-05
    days on market $229,900 Active 119 DOM
44. 2026-08-04
    days on market $229,900 Active 118 DOM
45. 2026-08-03
    days on market $229,900 Active 117 DOM
46. 2026-07-31
    days on market $229,900 Active 114 DOM
47. 2026-07-30
    days on market $229,900 Active 112 DOM
48. 2026-07-28
    days on market $229,900 Active 111 DOM
49. 2026-07-26
    pricedays on market $229,900 Active 109 DOM
50. 2026-07-24
    days on market $228,900 Active 107 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥107°F today · 19 d/yr by 30 yrs out
• 💨 Wind 3/10 Moderate 6% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,767
• − Mortgage interest: −$12,665
• − Property taxes: −$3,392
• − Insurance: −$1,131
• − Repairs & maintenance: −$1,741
• − Management: −$1,741
• − Depreciation: −$6,578
• Taxable loss: −$5,481
• Est. tax savings @ 24.0%: +$1,315
• After-tax cash flow: $-239/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.

Condition & rehab AI · 12 photos

Good 80/100 None rehab

This move-in-ready single-story home offers a good condition with modern amenities and a welcoming exterior. Minor exterior painting and window screen replacement would further enhance its value.

Value-add opportunities

• Resale Paint exterior siding — Enhances curb appeal and value. ↑
• Rental Replace window screens — Improves energy efficiency and tenant satisfaction. ↑

F Composite school gradezoned avg 39/100

Zoned Schools

Elementary Stone Ridge Es D- OK #60/845 Nat'l #15,897/41,679 Middle Piedmont Ms F OK #39/345 Nat'l #8,317/14,009 High Piedmont Hs F OK #24/447 Nat'l #7,961/17,239

Schools (NCES district)

• District: Piedmont
• NCES district ID: 4023970
• Math proficiency: 37% ▼ -15.00%
• Reading proficiency: 39% ▼ -9.00%
• Median HH income: $83,943
• Composite: 36.08/100
• National rank: #4762
• State rank: #9 of 270 in OK

A Composite livability gradescore 80/100

Livability — Oklahoma City

• Score: 80/100
• State rank: #3
• US rank: #1635

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Oklahoma City, OK
• County: Canadian County · 174,062 people
• City population: 498,656
• Metro: Oklahoma City, OK
• Population (ZIP): 91,014
• Household income: $88,030
• Rent vs Own: 26.1% rent · 73.9% own
• Severe rent burden: 13% of renters

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Population outlook (Canadian County) Hauer SSP2

• Today (2025): 174,062 people
• By 2030: 195,170 · +12.1%
• By 2040: 239,293 · +37.5%
• By 2050: 285,457 · +64.0%
• By 2075: 403,766 · +132.0%
• By 2100: 498,766 · +186.5%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (73%)
• Race & ethnicity: White 73% Two or more races 11% Hispanic / Latino 10% Black 3% Asian 3% Native American 3%
• Hispanic origin (detail): Mexican 7%
• Common ancestry: Italian 2% Slovak 1% Portuguese 1%
• Foreign-born: 5% · Canada, Vietnam
• Languages at home: 91% English-only · Spanish 5% Vietnamese 2% Other Asian/Pacific 1%

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Political lean MEDSL · Canadian

• 2024 margin: Solid R (+40.4) · D 28.8% · R 69.2% · Other 2.0%
• 2008→2024 swing: +11.9pp toward D · 2008: -52.2pp · 2024: -40.4pp
• All cycles: 2024: R+40.4 2020: R+43.3 2016: R+51.2 2012: R+54.4 2008: R+52.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -206.04%
• Current HPI: 244.6836
• Rent YoY: ▲ 1.19%
• Metro: Oklahoma City, OK
• State GDP YoY: ▲ 1.55%
• F500 in state: 6

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Industry mix (Fortune 500 HQ in OK)

Industry	F500 HQs	Revenue
▸Energy	3	$48B

Property features AI

Finance

• Financial info: List price $228,900Inventory type: Plan

Exterior

• Parking: 2 garage spaces2 total parking spaces
• Home design: Single-family plan homeAddress: 12805 Toretta Way, Yukon, OK 73099
• Exterior features: Living area approximately 1,373

Interior

• Bedrooms: 3 bedrooms
• Bathrooms: 2 full bathrooms
• Interior features: Plan home (Rc Mitchell)