4921 Creekwood Ter · Oklahoma City, OK 73135

$127,000

3 bd · 2.0 ba · 1,019 sqft · SingleFamily public records · 20 Days on market

Built 1971 Est $123k · at est.

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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 +23.7/30.0
• DSCR +7.6/10.0
• ARV discount +6.1/15.0
• 1% rule +5.6/10.0
• Livability +4.0/5.0
• Rent growth +3.7/5.0
• Condition / age +2.5/5.0
• Schools +0.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Looking for a nicely updated affordable home in Oklahoma City? Then look no more. This house is a three bed with one and half bath. The house has all new floors, wood look vinyl in the kitchen, dining and bath with carpet throughout the rest of the house. This house lots of windows to let in plenty of natural light. The kitchen is updated with fresh paint and new countertops. The garage has plenty of room plus a carport out front. The backyard also has a storage unit to store all your stuff. The front and back yard are also filled with beautiful trees to make a backyard oasis.

Key facts

• 8ft privacy fence
• Natural light
• Covered patio

Tags

• WOOD FLOOR LOOK VINYL
• NATURAL LIGHT
• STORAGE UNIT
• COVERED PATIO
• 8FT PRIVACY FENCE
• BEAUTIFUL TREES

Property features AI

Exterior

• Home design: Built in 1971; Single-family property
• Construction: Construction completed in 1971
• Exterior features: Located in the Central Oklahoma City subdivision

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $127k.

Deal economics

• At list price, monthly cash flow is $242 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $127k).
• Recommended offer: $125k (1.5% below list) — sets the bar for market timing.
• Cap rate 8.6% vs local median 3.7% 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: schools F, crime F.
• Oklahoma City (urban): math 7% / reading 10% proficiency, ranked #254 of 270 in OK (top 94%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 82% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+4.8%/yr); 89 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 15d 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 $878 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 + 4.8% rent growth), your $36k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 20 days — a 2% lower offer ($125k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 9y 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 $73k; list at $127k implies a 74% gain — meaningful room to come down on a strong offer.

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 $125,095 (1.5% below list)

Questions for the listing agent

1. Built in 1971 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
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: 1.06% ✓
• Cap rate: 8.58%
• Cash-on-cash: 8.18%
• DSCR: 1.36
• GRM: 7.8

CMA / ARV

• ARV (on-the-fly): $123,299
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5113 Creekwood Ter	0.15mi	3/1.5	1,039 (+2%)	1mo	$72,000	$69	86
5104 Gaines St	0.23mi	3/1.5	1,052 (+3%)	4mo	$172,500	$164	78
3329 Dentwood Ter	0.46mi	3/1.0	985 (-3%)	4mo	$75,000	$76	65
3608 SE 57th Cir	0.70mi	3/2.0	1,036 (+2%)	4mo	$130,900	$126	62
3100 Dentwood Ter	0.49mi	3/1.5	924 (-9%)	0mo	$150,000	$162	59
5404 S Huddleston St	0.68mi	3/2.0	963 (-6%)	0mo	$81,500	$85	59
3409 Chetwood Dr	0.68mi	3/2.0	986 (-3%)	5mo	$119,000	$121	59
3000 Chetwood Dr	0.66mi	3/1.5	1,064 (+4%)	3mo	$100,000	$94	57
3017 SE 56th St	0.48mi	3/2.0	1,137 (+12%)	4mo	$175,000	$154	56
3217 SE 56th St	0.49mi	3/1.5	1,134 (+11%)	2mo	$110,000	$97	54
3432 Parker Dr	0.58mi	3/1.0	937 (-8%)	3mo	$140,500	$150	54
5101 S Karen St	0.74mi	3/1.5	941 (-8%)	3mo	$75,000	$80	48

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 · 4.76% rent growth · sell at horizon

5-year hold

• IRR: -2.0%
• Equity multiple: 0.92×
• Total profit: $-2,717
• Equity at exit: $18,936

10-year hold

• IRR: 9.4%
• Equity multiple: 1.78×
• Total profit: $27,807
• Equity at exit: $10,981

Cash invested: $35,560 (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 73135

• Home prices YoY: -8.0%
• Rents YoY: 4.8%
• Active inventory: 89
• Price-to-rent: 7.8×

Monthly cashflow live

• Estimated rent: $1,349 high
• Mortgage (P&I): −$666
• Tax from tax record: −$104 /mo · $1,251/yr
• Insurance: −$53
• HOA: −$0
• Vacancy / Maint / Mgmt: −$283
• Net cashflow: $242

Break-even live

Break-even rent $1,042

Max offer price $127,000

Occupancy floor 77%

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: $31,750
• Closing costs: $3,810
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5012 Creekwood Ter Oklahoma City, OK	3.0	1.5	1250	$1,395	$1.12	43d	1	0.10mi
5024 Brookdale St Oklahoma City, OK	3.0	1.5	1039	$1,550	$1.49	21d	1	0.15mi
3005 SE 51st St Oklahoma City, OK	2.0	1.0	842	$995	$1.18	43d	1	0.18mi
2908 SE 47th St Oklahoma City, OK	3.0	1.0	1100	$1,350	$1.23	2d	1	0.19mi
5216 Foster Dr Oklahoma City, OK	3.0	1.5	894	$995	$1.11	43d	1	0.25mi
5305 Brookdale St Oklahoma City, OK	3.0	2.0	1205	$1,195	$0.99	11d	1	0.31mi
5316 S Briarwood Dr Oklahoma City, OK	3.0	2.0	980	$1,149	$1.17	23d	1	0.37mi
2621 SE 50th St Oklahoma City, OK	3.0	1.5	1022	$1,150	$1.13	2d	1	0.40mi
3205 SE 55th St Oklahoma City, OK	3.0	1.5	1119	$1,300	$1.16	43d	1	0.45mi
2532 SE 47th St Oklahoma City, OK	4.0	1.0	1215	$1,550	$1.28	1d	1	0.45mi
3305 Neighbors Ln Oklahoma City, OK	3.0	1.0	945	$1,250	$1.32	2d	1	0.48mi
3224 Lazy Ln Oklahoma City, OK	3.0	2.0	1440	$1,300	$0.90	23d	1	0.53mi
3741 SE 48th Pl Oklahoma City, OK	3.0	2.0	1370	$1,225	$0.89	2d	1	0.53mi
3409 Parker Dr Oklahoma City, OK	3.0	1.0	918	$1,250	$1.36	4d	1	0.54mi
5609 Evanbrook Ter Oklahoma City, OK	3.0	2.0	1175	$1,395	$1.19	2d	1	0.55mi
5609 Evanbrook Ter Oklahoma City, OK	3.0	2.0	1175	$1,395	$1.19	23d	1	0.55mi
3451 SE 44th St Oklahoma City, OK	1.0–3.0	1.0–2.0	974	$950	$0.98	11d	4	0.56mi
3451 SE 44th St Unit 269 Del City, OK	2.0	1.0	924	$850	$0.92	3d	1	0.56mi
4700 Clendon Way Oklahoma City, OK	3.0	2.0	1434	$1,450	$1.01	14d	1	0.57mi
3424 Parker Dr Oklahoma City, OK	3.0	1.0	1125	$450	$0.40	43d	1	0.57mi
4909 Cinderella Dr Oklahoma City, OK	3.0	2.0	1113	$1,150	$1.03	2d	1	0.62mi
4912 S Fairmont Ave Oklahoma City, OK	3.0	2.0	1330	$1,450	$1.09	2d	1	0.64mi
4816 S Fairmont Ave Oklahoma City, OK	3.0	2.0	1091	$1,275	$1.17	23d	1	0.64mi
3916 SE 46th St Oklahoma City, OK	3.0	1.5	1220	$1,295	$1.06	23d	1	0.69mi
4008 SE 47th St Oklahoma City, OK	3.0	1.5	1082	$1,145	$1.06	3d	1	0.75mi
4917 S Karen St Oklahoma City, OK	3.0	1.5	960	$1,100	$1.15	23d	1	0.75mi
4004 SE 45th Ter Oklahoma City, OK	3.0	1.0	1006	$995	$0.99	23d	1	0.76mi
4101 SE 48th St Oklahoma City, OK	3.0	1.0	974	$1,245	$1.28	16d	1	0.77mi
4016 SE 47th St Oklahoma City, OK	3.0	1.5	1245	$1,199	$0.96	4d	1	0.77mi
3925 SE 59th St Oklahoma City, OK	2.0	1.5	993	$1,211	$1.22	21d	1	0.79mi
4104 SE 45th Ter Oklahoma City, OK	4.0	1.5	1111	$1,275	$1.15	2d	1	0.82mi
4900 S Dimple Dr Oklahoma City, OK	3.0	1.5	1463	$1,025	$0.70	2d	1	0.83mi
4215 SE 53rd St Oklahoma City, OK	1.0–2.0	1.0	769	$915	$1.19	23d	1	0.91mi
4220 SE 49th St Oklahoma City, OK	3.0	2.0	1223	$1,175	$0.96	23d	1	0.91mi
4217 SE 48th Ter Oklahoma City, OK	3.0	1.5	1043	$1,295	$1.24	23d	1	0.92mi
5537 S Sunnylane Rd Oklahoma City, OK	1.0–2.0	1.0–1.5	840	$850	$1.01	2d	11	0.96mi
4309 SE 48th Ter Oklahoma City, OK	3.0	2.0	1458	$1,525	$1.05	1d	1	0.98mi
4116 Overland Dr Oklahoma City, OK	3.0	2.0	1363	$1,500	$1.10	1d	1	1.03mi
4900 Sunny Ct Oklahoma City, OK	3.0	2.0	1281	$1,600	$1.25	3d	1	1.03mi
4305 S Nebraska Ave Oklahoma City, OK	3.0	2.0	1145	$1,200	$1.05	43d	1	1.28mi

Listing history 16 events

1. 2026-06-15
   days on market $127,000 Active 20 DOM
2. 2026-06-13
   days on market $127,000 Active 18 DOM
3. 2026-06-09
   days on market $127,000 Active 14 DOM
4. 2026-06-08
   days on market $127,000 Active 13 DOM
5. 2026-06-07
   days on market $127,000 Active 12 DOM
6. 2026-06-05
   days on market $127,000 Active 9 DOM
7. 2026-06-03
   days on market $127,000 Active 8 DOM
8. 2026-06-02
   days on market $127,000 Active 7 DOM
9. 2026-06-01
   days on market $127,000 Active 6 DOM
10. 2026-05-31
    days on market $127,000 Active 5 DOM
11. 2026-05-27
    listed $127,000 Active
12. 2018-08-22
    soldstatus $73,000
13. 2018-08-20
    soldstatus $73,000 Sold 588-char remark

    Show marketing remark (588 chars)

    Looking for a nicely updated affordable home in Oklahoma City? Then look no more. This house is a three bed with one and half bath. The house has all new floors, wood look vinyl in the kitchen, dining and bath with carpet throughout the rest of the house. This house lots of windows to let in plenty of natural light. The kitchen is updated with fresh paint and new countertops. The garage has plenty of room plus a carport out front. The backyard also has a storage unit to store all your stuff. The front and back yard are also filled with beautiful trees to make a backyard oasis.

14. 2017-10-09
    status Pending 588-char remark

    Show marketing remark (588 chars)

    Looking for a nicely updated affordable home in Oklahoma City? Then look no more. This house is a three bed with one and half bath. The house has all new floors, wood look vinyl in the kitchen, dining and bath with carpet throughout the rest of the house. This house lots of windows to let in plenty of natural light. The kitchen is updated with fresh paint and new countertops. The garage has plenty of room plus a carport out front. The backyard also has a storage unit to store all your stuff. The front and back yard are also filled with beautiful trees to make a backyard oasis.

15. 2017-10-02
    price $79,900 588-char remark

    Show marketing remark (588 chars)

    Looking for a nicely updated affordable home in Oklahoma City? Then look no more. This house is a three bed with one and half bath. The house has all new floors, wood look vinyl in the kitchen, dining and bath with carpet throughout the rest of the house. This house lots of windows to let in plenty of natural light. The kitchen is updated with fresh paint and new countertops. The garage has plenty of room plus a carport out front. The backyard also has a storage unit to store all your stuff. The front and back yard are also filled with beautiful trees to make a backyard oasis.

16. 2017-08-25
    listed $84,900 Active 588-char remark

    Show marketing remark (588 chars)

    Looking for a nicely updated affordable home in Oklahoma City? Then look no more. This house is a three bed with one and half bath. The house has all new floors, wood look vinyl in the kitchen, dining and bath with carpet throughout the rest of the house. This house lots of windows to let in plenty of natural light. The kitchen is updated with fresh paint and new countertops. The garage has plenty of room plus a carport out front. The backyard also has a storage unit to store all your stuff. The front and back yard are also filled with beautiful trees to make a backyard oasis.

ⓘ 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: $1,251 · $104/mo
• Projected year-2 tax: $1,251 · $104/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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 6/10 Major 7 d/yr ≥107°F today · 19 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 4% 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: $16,187
• − Mortgage interest: −$7,114
• − Property taxes: −$1,251
• − Insurance: −$635
• − Repairs & maintenance: −$1,295
• − Management: −$1,295
• − Depreciation: −$3,695
• Taxable income: $903
• Est. tax owed @ 24.0%: −$217
• After-tax cash flow: $2,693/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: Oklahoma City
• NCES district ID: 4022770
• Math proficiency: 7% ▼ -5.00%
• Reading proficiency: 10% ▼ -6.00%
• Median HH income: $35,606
• Composite: 7.0/100
• National rank: #9970
• State rank: #254 of 270 in OK

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: Oklahoma County · 771,644 people
• City population: 498,656
• Metro: Oklahoma City, OK
• Population (ZIP): 22,022
• Household income: $63,478
• Rent vs Own: 44.8% rent · 55.2% own
• Severe rent burden: 1083.0

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: Highly diverse neighborhood (Simpson 0.73)
• Race & ethnicity: White 41% Black 25% Hispanic / Latino 19% Two or more races 15% Asian 6% Native American 2%
• Hispanic origin (detail): Mexican 15%
• Common ancestry: Italian 1% Lithuanian 1% Slovak 1%
• Foreign-born: 9% · Canada, Vietnam
• Languages at home: 83% English-only · Spanish 11% Vietnamese 3% Other Asian/Pacific 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: ▼ -20.17%
• Current HPI: 232.4241
• Rent YoY: ▲ 4.76%
• 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

+49.6% since first listed

6 events — show timeline

• 2026-05-27 Listed $127,000 FSBO.com
• 2018-08-22 Sold (Public Records) $73,000 Public Records
• 2018-08-20 Sold (MLS) $73,000 MLSOK
• 2017-10-09 Pending — MLSOK
• 2017-10-02 Price Changed $79,900 MLSOK
• 2017-08-25 Listed $84,900 MLSOK

Property tax history

+7.8%/yr

Latest (2025): $1,251 · +4.2% YoY. Source: county tax records.