501 N Windle St · Granite, OK 73547

$100,000

3 bd · 2.0 ba · 1,208 sqft · SingleFamily public records · 21 Days on market

Built 1964 8,398 sqft lot Est $77k · 29% over

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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 +26.8/30.0
• DSCR +9.2/10.0
• 1% rule +6.4/10.0
• Appreciation +5.9/10.0
• Schools +4.8/10.0
• Livability +3.3/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0

Listing remarks MLS

Very nice 3 bedroom home on large corner lot. Home has 1 1/2 bathrooms with large kitchen and laundry room. All kitchen appliances will stay with the home including the refrigerator, dishwasher and gas stove. Washer and dryer will also stay with the home. Gun closet has a lock but hanging rod could be reinstalled for clothes if needed. Home has CH&A and additional supplemental heaters. Metal roof was installed in 2017 and facia is wrapped in metal. Extra insulation added in attic. Windows installed in 2017. Two-car garage is very large & has an automatic garage door lift. In ground storm shelter is located under covered breezeway. Water well works & can be used to water lawn. There are 3 TV mounts in the home that will stay with the home plus the 42" and the two 32" TVs that can be mounted to them. The TVs are currently NOT in the home but will conveyed at closing. 16'x10' storage building. Privacy fence on North side of property & the hardwood, post & panel for gate are in the garage.

Key facts

• Large kitchen
• Storage shed
• Covered patio

Tags

• CORNER LOT
• LARGE KITCHEN
• UNDERGROUND STORM SHELTER
• DETACHED GARAGE
• STORAGE SHED
• COVERED PATIO

Property features AI

Finance

• Other: Living area reported as 1,456 (assessor)
• Financial info: Financing available (loan qualify: yes); Not assumable
• HOA & community: No mandatory association dues

Exterior

• Parking: 2-car garage
• Home design: Single-family residence; One-level property; Residential property
• Construction: Vinyl siding; Metal roof; Built (existing)
• Exterior features: Covered patio; Outbuildings; Exterior storage; Corner lot

Interior

• Bedrooms: 3 bedrooms
• Bathrooms: 1 full bath; 1 half bath
• Heating & cooling: Electric heating
• Interior features: One living area; No fireplace; Below-ground storm shelter; Conventional foundation

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $100k.

Deal economics

• At list price, monthly cash flow is $274 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $100k).
• Recommended offer: $98k (1.5% below list) — sets the bar for market timing.

Location & tenants

• Location reads 66/100 on livability (#119 in OK) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: employment D+, amenities F, commute F.
• Granite (rural): math 60% / reading 50% proficiency, ranked #17 of 513 in OK (top 3%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Granite Es (math 17% / reading 27%, grade F, #413 of 845 statewide, top 54%, 158 students, 0% FRL); Granite Hs (math 24% / reading 24%, grade F, #150 of 447 statewide, top 48%, 78 students, 0% FRL) — zoned schools average 0% FRL vs 51% district-wide (51 pts lower); this property's tenant base skews higher-income than the district average.
• Zoned-school proficiency averages 23% at this address vs 55% district-wide (-32 pts) — the specific schools serving this property underperform the Granite average; the district grade overstates school quality for this exact location.
• Market conditions: 3 active listings in the ZIP.

Forward outlook

• In year one you build about $2k of equity ($691 loan paydown + $2k appreciation (1.7% local appreciation)).
• Greer County population projected to shrink 3% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (1.7% appreciation + 3.0% rent growth), your $28k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 21 days — a 2% lower offer ($98k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 5y 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 $80k; 25% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $98,500 (1.5% below list)

Questions for the listing agent

1. Built in 1964 — 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 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?
4. 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.
5. 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.
6. 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: 1.14% ✓
• Cap rate: 9.58%
• Cash-on-cash: 11.72%
• DSCR: 1.52
• GRM: 7.3

CMA / ARV

• ARV (on-the-fly): $77,312
• Comps found: 3

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
307 E 6th St	0.15mi	3/2.0	1,300 (+8%)	7mo	$140,000	$108	75
309 N Cox St	0.52mi	3/1.0	1,198 (-1%)	19mo	$52,000	$43	55
203 W 4th St	0.26mi	2/1.0 (-1)	1,320 (+9%)	20mo	$84,500	$64	46

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

1.7% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 15.3%
• Equity multiple: 1.81×
• Total profit: $22,748
• Equity at exit: $37,838

10-year hold

• IRR: 18.1%
• Equity multiple: 3.33×
• Total profit: $65,345
• Equity at exit: $53,280

Cash invested: $28,000 (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 73547

• Home prices YoY: 1.5%
• Active inventory: 3
• Price-to-rent: 7.3×

Monthly cashflow live

• Estimated rent: $1,142 medium
• Mortgage (P&I): −$524
• Tax from tax record: −$63 /mo · $755/yr
• Insurance: −$42
• HOA: −$0
• Vacancy / Maint / Mgmt: −$240
• Net cashflow: $274

Break-even live

Break-even rent $796

Max offer price $100,000

Occupancy floor 71%

Sensitivity live

Price	-10% $330	-5% $302	+0% $274	+5% $245	+10% $217
Rent	-10% $183	-5% $228	+0% $274	+5% $319	+10% $364
Rate	-1.0pp $324	-0.5pp $299	base $274	+0.5pp $248	+1.0pp $221

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: $25,000
• Closing costs: $3,000
• Reserves months: —
• Total cash needed: —

Listing history 16 events

1. 2026-06-21
   days on market $100,000 Active 21 DOM
2. 2026-06-18
   days on market $100,000 Active 19 DOM
3. 2026-06-17
   days on market $100,000 Active 18 DOM
4. 2026-06-16
   days on market $100,000 Active 17 DOM
5. 2026-06-15
   days on market $100,000 Active 16 DOM
6. 2026-06-13
   days on market $100,000 Active 14 DOM
7. 2026-06-12
   days on market $100,000 Active 13 DOM
8. 2026-06-09
   days on market $100,000 Active 10 DOM
9. 2026-06-08
   days on market $100,000 Active 9 DOM
10. 2026-06-08
    days on market $100,000 Active 8 DOM
11. 2026-06-05
    days on market $100,000 Active 6 DOM
12. 2026-06-04
    days on market $100,000 Active 4 DOM
13. 2026-06-02
    days on market $100,000 Active 3 DOM
14. 2026-06-01
    days on market $100,000 Active 2 DOM
15. 2026-05-31
    remarks 594-char remark
16. 2026-05-31
    listed $100,000 Active 1 DOM

ⓘ 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: $755 · $63/mo
• Projected year-2 tax: $900 · $75/mo
• Expected delta: +$145/yr (+$12/mo · 19.2%)

ⓘ 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 6/10 Major 7 d/yr ≥107°F today · 20 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 3% 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: $13,709
• − Mortgage interest: −$5,602
• − Property taxes: −$755
• − Insurance: −$500
• − Repairs & maintenance: −$1,097
• − Management: −$1,097
• − Depreciation: −$2,909
• Taxable income: $1,750
• Est. tax owed @ 24.0%: −$420
• After-tax cash flow: $2,862/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: Granite
• NCES district ID: 4013290
• Math proficiency: 60% ▲ 20.00%
• Reading proficiency: 50% ▲ 10.00%
• Median HH income: $40,018
• Composite: 47.81/100
• National rank: #4877
• State rank: #17 of 513 in OK

Livability — Granite

• Score: 66/100
• State rank: #119
• US rank: #11956

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Granite, OK
• Population (ZIP): 1,775

Population outlook (Greer County) Hauer SSP2

• Today (2025): 5,904 people
• By 2030: 5,869 · -0.6%
• By 2040: 5,790 · -1.9%
• By 2050: 5,712 · -3.3%
• By 2075: 5,196 · -12.0%
• By 2100: 4,326 · -26.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (67%)
• Race & ethnicity: White 67% Black 14% Two or more races 10% Hispanic / Latino 8% Native American 4%
• Hispanic origin (detail): Mexican 5%
• Common ancestry: Slovak 3% Iranian 1% Serbian 1%
• Foreign-born: 3% · Canada
• Languages at home: 92% English-only · Spanish 6%

Political lean MEDSL · Greer

• 2024 margin: Solid R (+65.7) · D 16.6% · R 82.3% · Other 1.1%
• 2008→2024 swing: -19.3pp toward R · 2008: -46.5pp · 2024: -65.7pp
• All cycles: 2024: R+65.7 2020: R+64.7 2016: R+61.1 2012: R+46.7 2008: R+46.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 1.70%
• Current HPI: 117.5493
• Rent YoY: —
• Metro: —
• 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

+344.4% since first listed

13 events — show timeline

• 2026-05-30 Listed $100,000 MLSOK
• 2026-05-19 Listing Removed — MLSOK
• 2026-03-18 Relisted — MLSOK
• 2026-02-02 Pending — MLSOK
• 2025-11-19 Listed $105,000 MLSOK
• 2021-10-25 Sold (Public Records) $80,000 Public Records
• 2021-10-22 Sold (MLS) $80,000 MLSOK
• 2021-09-04 Pending — MLSOK
• 2021-08-27 Relisted — MLSOK
• 2021-08-10 Pending — MLSOK
• 2021-08-08 Listed $79,000 MLSOK
• 2009-09-03 Sold (Public Records) $41,000 Public Records
• 1990-12-17 Sold (Public Records) $22,500 Public Records

Property tax history

+7.4%/yr

Latest (2025): $755 · +0.7% YoY. Source: county tax records.