1448 County Road 1344 · Chickasha, OK 73018

$129,500

4 bd · 3.0 ba · 2,128 sqft · SingleFamily public records · 94 Days on market

Built 2022 1.12 ac lot $17/mo HOA · 1% of rent

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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 +28.1/30.0
• DSCR +10.0/10.0
• 1% rule +7.8/10.0
• ARV discount +7.5/15.0
• Schools +4.0/10.0
• Livability +3.3/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Chisholm Heights MH Park. Buyer to verify school dist.

Key facts

• 1.12 acre lot
• Built 2022
• Listed 94 days

Property features AI

Finance

• Other: Lot size approximately 1.12 acres
• Financial info: REO / Bank-owned sale condition; Not assumable
• HOA & community: Mandatory association dues; Association fee of $200 (includes common area maintenance)

Exterior

• Home design: Single-family residence; One-level property; Existing property
• Construction: Frame and manufactured construction; Composition roof; Conventional foundation; Built as a manufactured/frame combination
• Exterior features: Open deck; Porch; Below-ground and outdoor storm shelter; Interior lot in a rural setting

Interior

• Bedrooms: 4 bedrooms
• Bathrooms: 2 full bathrooms
• Heating & cooling: Electric heating
• Interior features: In-law plan layout; No fireplace

What this means for you Summary

Snapshot

• This is a 4-bed/3.0-bath single-family listed at $130k.

Deal economics

• At list price, monthly cash flow is $408 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $130k).
• Recommended offer: $118k (9.0% below list) — sets the bar for market timing.
• Cap rate 10.1% vs local median 4.8% in Chickasha — 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 66/100 on livability (#117 in OK) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: amenities F, commute F, health & safety F.
• Friend (rural): math 40% / reading 45% proficiency, ranked #67 of 513 in OK (top 13%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Friend Public School (math 27% / reading 32%, grade F, #255 of 845 statewide, top 35%, 216 students, 0% FRL) — zoned schools average 0% FRL vs 45% district-wide (45 pts lower); this property's tenant base skews higher-income than the district average.
• Zoned-school proficiency averages 30% at this address vs 42% district-wide (-13 pts) — the specific schools serving this property underperform the Friend average; the district grade overstates school quality for this exact location.
• Market conditions: 203 active listings in the ZIP; 224 units permitted in Grady County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $895 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Grady County population projected at +20% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $36k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 94 days — a 9% lower offer ($118k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 4y ago; this cycle's ask has dropped $26k (17%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $20k; list at $130k implies a 548% 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 $117,845 (9.0% below list)

Questions for the listing agent

1. It's been on market 94 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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 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?
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: 1.28% ✓
• Cap rate: 10.07%
• Cash-on-cash: 13.50%
• DSCR: 1.60
• GRM: 6.5

CMA / ARV

• ARV (on-the-fly): $280,896
• Comps found: 3

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1411 County Street 2882	0.33mi	4/3.0	2,128 (0%)	3mo	$210,000	$99	82
2205 County Street 2880	0.73mi	3/2.5 (-1)	2,164 (+2%)	20mo	$285,000	$132	39
1454 County Road 1340	0.75mi	3/2.0 (-1)	2,144 (+1%)	23mo	$510,000	$238	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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 3.6%
• Equity multiple: 1.14×
• Total profit: $5,016
• Equity at exit: $19,309

10-year hold

• IRR: 13.1%
• Equity multiple: 2.05×
• Total profit: $37,923
• Equity at exit: $11,197

Cash invested: $36,260 (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 73018

• Home prices YoY: -21.1%
• Active inventory: 203
• Price-to-rent: 6.5×

Monthly cashflow live

• Estimated rent: $1,653 medium
• Mortgage (P&I): −$679
• Tax from tax record: −$148 /mo · $1,780/yr
• Insurance: −$54
• HOA: −$17
• Vacancy / Maint / Mgmt: −$347
• Net cashflow: $408

Break-even live

Break-even rent $1,137

Max offer price $129,500

Occupancy floor 70%

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: $32,375
• Closing costs: $3,885
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $17 · $204/yr

Listing history 18 events

1. 2026-06-18
   days on market $129,500 Active 94 DOM
2. 2026-06-17
   days on market $129,500 Active 93 DOM
3. 2026-06-16
   days on market $129,500 Active 92 DOM
4. 2026-06-15
   days on market $129,500 Active 91 DOM
5. 2026-06-13
   days on market $129,500 Active 89 DOM
6. 2026-06-09
   days on market $129,500 Active 85 DOM
7. 2026-06-08
   days on market $129,500 Active 84 DOM
8. 2026-06-07
   days on market $129,500 Active 83 DOM
9. 2026-06-05
   days on market $129,500 Active 80 DOM
10. 2026-06-03
    pricedays on market $129,500 Active 79 DOM
11. 2026-06-02
    days on market $139,500 Active 78 DOM
12. 2026-06-01
    days on market $139,500 Active 77 DOM
13. 2026-05-31
    days on market $139,500 Active 76 DOM
14. 2026-04-20
    price $139,500
15. 2026-03-15
    listed $155,500 Active
16. 2022-08-18
    soldstatus $20,000 Sold 55-char remark

    Show marketing remark (55 chars)

    Chisholm Heights MH Park. Buyer to verify school dist.

17. 2022-06-02
    status Pending 55-char remark

    Show marketing remark (55 chars)

    Chisholm Heights MH Park. Buyer to verify school dist.

18. 2022-05-27
    listed $20,000 Active 55-char remark

    Show marketing remark (55 chars)

    Chisholm Heights MH Park. Buyer to verify school dist.

ⓘ 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: $1,780 · $148/mo
• Projected year-2 tax: $1,780 · $148/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 4/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥109°F today · 19 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 10% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,841
• − Mortgage interest: −$7,254
• − Property taxes: −$1,780
• − Insurance: −$648
• − Repairs & maintenance: −$1,587
• − Management: −$1,587
• − HOA: −$204
• − Depreciation: −$3,767
• Taxable income: $3,014
• Est. tax owed @ 24.0%: −$723
• After-tax cash flow: $4,170/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: Friend
• NCES district ID: 4012210
• Math proficiency: 40% ▼ -10.00%
• Reading proficiency: 45% ▼ -10.00%
• Median HH income: $58,244
• Composite: 39.67/100
• National rank: #8034
• State rank: #67 of 513 in OK

Livability — Chickasha

• Score: 66/100
• State rank: #117
• US rank: #11902

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Grady County · 20,505 people
• City population: 20,505
• Metro: Oklahoma City, OK
• Population (ZIP): 20,505
• Household income: $56,484
• Rent vs Own: 40.3% rent · 59.7% own
• Severe rent burden: 685.0

Population outlook (Grady County) Hauer SSP2

• Today (2025): 59,962 people
• By 2030: 62,513 · +4.3%
• By 2040: 67,338 · +12.3%
• By 2050: 71,719 · +19.6%
• By 2075: 82,684 · +37.9%
• By 2100: 89,387 · +49.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (74%)
• Race & ethnicity: White 74% Two or more races 11% Hispanic / Latino 9% Black 5% Native American 5%
• Hispanic origin (detail): Mexican 6%
• Common ancestry: Slovak 2% Iranian 2% Italian 2%
• Foreign-born: 2% · Canada
• Languages at home: 96% English-only · Spanish 3%

Political lean MEDSL · Grady

• 2024 margin: Solid R (+62.7) · D 17.9% · R 80.6% · Other 1.5%
• 2008→2024 swing: -16.0pp toward R · 2008: -46.7pp · 2024: -62.7pp
• All cycles: 2024: R+62.7 2020: R+62.3 2016: R+60.3 2012: R+51.2 2008: R+46.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -66.82%
• Current HPI: 249.6051
• Rent YoY: —
• 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

+597.5% since first listed

5 events — show timeline

• 2026-04-20 Price Changed $139,500 MLSOK
• 2026-03-15 Listed $155,500 MLSOK
• 2022-08-18 Sold (MLS) $20,000 MLSOK
• 2022-06-02 Pending — MLSOK
• 2022-05-27 Listed $20,000 MLSOK

Property tax history

+97.5%/yr

Latest (2024): $1,780 · +900.0% YoY. Source: county tax records.