720 NE 4th St · Ardmore, OK 73401

$53,000

3 bd · 1.0 ba · 1,099 sqft · SingleFamily public records · 37 Days on market

Built 1940 7,405 sqft lot Est $65k · 18% 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
• Rent growth +4.3/5.0
• Livability +2.9/5.0
• Condition / age +2.5/5.0
• Schools +1.1/10.0
• Appreciation +0.0/10.0

Listing remarks

Cozy 3-bed, 1-bath home in NE Ardmore. Features include a composition roof, concrete block foundation, window-unit cooling, floor/wall furnace heating, and carport + garage parking. Conveniently located near Ardmore schools and local amenities. Solid home with room to personalize.

Key facts

• 7,405 sq ft lot
• Garage
• Built 1940

Property features AI

Exterior

• Parking: Detached garage; 1 garage space
• Security: No safety shelter
• Utilities: Public water; Public sewer
• Home design: Single-story; Faces east
• Construction: Built using asbestos and wood frame materials; Shingle and wood roof; Year built per public records
• Exterior features: Covered patio; Patio; Shed(s)

Interior

• Bathrooms: 1 full bathroom
• Heating & cooling: Floor furnace heating
• Interior features: No notable interior features reported; Other

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $53k.

Deal economics

• At list price, monthly cash flow is $768 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $53k).
• Recommended offer: $51k (3.0% below list) — sets the bar for market timing.
• Cap rate 23.7% vs local median 4.6% in Ardmore — 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 58/100 on livability (#447 in OK) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: schools F, crime F, amenities F.
• Ardmore (town): math 12% / reading 15% proficiency, ranked #241 of 270 in OK (top 89%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 73% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+7.4%/yr); 379 active listings in the ZIP; 73 units permitted in Carter County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $366 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Carter County population projected at +9% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 7.4% rent growth), your $15k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 37 days — a 3% lower offer ($51k) is reasonable based on typical stale-listing flexibility.

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→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $51,410 (3.0% below list)

Questions for the listing agent

1. It's been on market 37 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 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?
5. 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?
6. 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.
7. 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.
8. 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: 2.61% ✓
• Cap rate: 23.69%
• Cash-on-cash: 62.14%
• DSCR: 3.76
• GRM: 3.2

CMA / ARV

• ARV (on-the-fly): $64,841
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1212 Martin Luther King Blvd	0.41mi	2/1.0 (-1)	1,104 (+0%)	3mo	$30,000	$27	72
41 G SE	0.43mi	3/1.0	1,156 (+5%)	1mo	$50,000	$43	70
915 Martin Luther King Dr	0.21mi	3/1.0	1,223 (+11%)	3mo	$41,000	$34	69
17 NE F St	0.32mi	3/1.0	1,072 (-2%)	14mo	$15,000	$14	69
20 8th NW	0.59mi	3/1.0	1,109 (+1%)	10mo	$80,000	$72	62
43 F NE	0.26mi	2/1.0 (-1)	1,056 (-4%)	17mo	$50,000	$47	62
733 E Main	0.33mi	2/1.0 (-1)	1,016 (-8%)	12mo	$60,000	$59	57
1003 NE 8th Ave	0.35mi	3/1.5	997 (-9%)	12mo	$19,500	$20	56
206 I St NE	0.21mi	2/1.0 (-1)	936 (-15%)	10mo	$98,000	$105	52
306 G St SE	0.70mi	3/2.0	1,032 (-6%)	9mo	$129,000	$125	46
113 10th Ave NE	0.53mi	2/1.0 (-1)	938 (-15%)	3mo	$83,000	$88	44
301 Carter St	0.74mi	3/2.0	1,255 (+14%)	2mo	$160,000	$127	36

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 · 7.38% rent growth · sell at horizon

5-year hold

• IRR: 65.8%
• Equity multiple: 4.15×
• Total profit: $46,720
• Equity at exit: $7,902

10-year hold

• IRR: 71.4%
• Equity multiple: 9.92×
• Total profit: $132,301
• Equity at exit: $4,582

Cash invested: $14,840 (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 73401

• Home prices YoY: -21.7%
• Rents YoY: 7.4%
• Active inventory: 379
• Price-to-rent: 3.2×

Monthly cashflow live

• Estimated rent: $1,384 medium
• Mortgage (P&I): −$278
• Tax from tax record: −$25 /mo · $302/yr
• Insurance: −$22
• HOA: −$0
• Vacancy / Maint / Mgmt: −$291
• Net cashflow: $768

Break-even live

Break-even rent $412

Max offer price $53,000

Occupancy floor 39%

Sensitivity live

Price	-10% $798	-5% $783	+0% $768	+5% $753	+10% $738
Rent	-10% $659	-5% $714	+0% $768	+5% $823	+10% $878
Rate	-1.0pp $795	-0.5pp $782	base $768	+0.5pp $755	+1.0pp $741

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: $13,250
• Closing costs: $1,590
• Reserves months: —
• Total cash needed: —

Listing history 1 events

1. 2026-04-20
   listed $53,000 Active

ⓘ 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: $302 · $25/mo
• Projected year-2 tax: $477 · $40/mo
• Expected delta: +$175/yr (+$15/mo · 57.9%)

ⓘ 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 ≥112°F today · 20 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 11% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,612
• − Mortgage interest: −$2,969
• − Property taxes: −$302
• − Insurance: −$265
• − Repairs & maintenance: −$1,329
• − Management: −$1,329
• − Depreciation: −$1,542
• Taxable income: $8,877
• Est. tax owed @ 24.0%: −$2,130
• After-tax cash flow: $7,091/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: Ardmore
• NCES district ID: 4003180
• Math proficiency: 12% ▼ -7.00%
• Reading proficiency: 15% ▼ -6.00%
• Median HH income: $35,194
• Composite: 11.1/100
• National rank: #9733
• State rank: #241 of 270 in OK

Livability — Ardmore

• Score: 58/100
• State rank: #447
• US rank: #21387

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Ardmore, OK
• County: Carter County · 36,833 people
• City population: 36,833
• Metro: Ardmore, OK
• Population (ZIP): 36,833
• Household income: $61,989
• Rent vs Own: 36.8% rent · 63.2% own
• Severe rent burden: 1026.0

Population outlook (Carter County) Hauer SSP2

• Today (2025): 50,892 people
• By 2030: 51,913 · +2.0%
• By 2040: 53,857 · +5.8%
• By 2050: 55,604 · +9.3%
• By 2075: 60,670 · +19.2%
• By 2100: 62,366 · +22.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.57)
• Race & ethnicity: White 65% Two or more races 14% Hispanic / Latino 9% Native American 8% Black 7% Asian 1%
• Hispanic origin (detail): Mexican 7%
• Common ancestry: Slovak 2% Lithuanian 1% Italian 1%
• Foreign-born: 4% · Canada
• Languages at home: 92% English-only · Spanish 5%

Political lean MEDSL · Carter

• 2024 margin: Solid R (+54.7) · D 21.9% · R 76.7% · Other 1.4%
• 2008→2024 swing: -14.2pp toward R · 2008: -40.5pp · 2024: -54.7pp
• All cycles: 2024: R+54.7 2020: R+52.5 2016: R+52.6 2012: R+42.7 2008: R+40.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -74.93%
• Current HPI: 269.7381
• Rent YoY: ▲ 7.38%
• Metro: Ardmore, 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

1 event — show timeline

• 2026-04-20 Listed $53,000 MLS Technology, Inc.

Property tax history

+7.5%/yr

Latest (2025): $302 · +4.9% YoY. Source: county tax records.