1008 Juniper Ave · Midwest City, OK
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 2/10 · Minimal
- Est. fire insurance / yr
- $2,463 – $4,575
Heat risk 5/10 · Moderate
- Hot days now (above 107°F)
- 7 days/yr
- Hot days in 30 yrs
- 19 days/yr
Wind risk 3/10 · Minor
- Chance of severe wind over 30 yrs
- 4.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
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
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- ARV discount +7.5/15.0
- Rent growth +3.9/5.0
- Livability +3.6/5.0
- Condition / age +2.5/5.0
- Schools +0.7/10.0
- Appreciation +0.0/10.0
$69,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks
This is a short sale subject to 3rd party approval. The home is being sold as-is, where is a condition with no warranties expressed or implied. Inspections are for informational purposes only. Buyer will be responsible for all FHA, VA or lender repairs needed for financing, if required. Please note that if the town requires a certificate of occupancy, this will be the buyer’s responsibility. All contracts must have wet signatures (Bank(s) will not accept digital signatures). * * NOTE Buyer responsible for signing all applicable short sale negotiator disclosures - Documents are uploaded into the disclosure section. Opportunity awaits at 1008 Juniper Avenue! This property offers flexib
Key facts
- Large back yard
- New hvac system
- 7,200 sq ft lot
Tags
Property features AI
Finance
- Other: Lender approval/short sale condition affecting sale; Occupied; Days on market: 1; Listing price around $69,000
- Financial info: Sold as-is; Not assumable; Not eligible for loan qualification (per listing)
- HOA & community: No mandatory association dues
Exterior
- Utilities: Homestead status: yes
- Home design: Single-family residence; Residential property; One story; Located in Cullens 3rd addition; Existing property
- Construction: Brick construction; Shingle roof; Built with conventional foundation
- Exterior features: Interior lot; No additional exterior features listed
Interior
- Kitchen: No kitchen appliance details provided
- Bedrooms: 4 bedrooms
- Bathrooms: 2 full bathrooms
- Heating & cooling: Electric heating; Central gas cooling
- Interior features: One-level layout; Interior living area approximately 1,342 (assessor)
- Laundry & utility: Conventional foundation
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath single-family listed at $69k.
Deal economics
- At list price, monthly cash flow is $492 ($6k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $69k).
- Recommended offer: $68k (1.5% below list) — sets the bar for market timing.
- Cap rate 14.9% vs local median 5.6% in Midwest 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 71/100 on livability (#30 in OK) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A; Watch: crime D+, employment D, amenities 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.
- Zoned schools: Willow Brook Es (346 students, 0% FRL); Star Spencer Hs (math 5% / reading 5%, grade F, #430 of 447 statewide, top 99%, 378 students, 0% FRL) — zoned schools average 0% FRL vs 82% district-wide (82 pts lower); this property's tenant base skews higher-income than the district average.
- Market conditions: Rents rising fast (+5.7%/yr); 160 active listings in the ZIP; 24 comparable units currently listed for rent nearby; rentals at typical pace (median 24d 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 $477 of loan paydown is wiped out by about $2k 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 + 5.7% rent growth), your $19k cash investment doubles in ~4 years — after that, you're playing with house money.
Negotiation context
- It's been on market 15 days — a 2% lower offer ($68k) is reasonable based on typical stale-listing flexibility.
- 6 sale attempts since 24y 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.
Risks & watch-outs
- Watch-outs: built in 1959 — expect roof / HVAC / electrical / plumbing capex.
- 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.
Questions for the listing agent
- Built in 1959 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- Crime grade is D 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?
- 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.
- 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.
- 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
- 1.84% ✓
- Cap rate
- 14.86%
- Cash-on-cash
- 30.59%
- DSCR
- 2.36
- GRM
- 4.5
CMA / ARV
- ARV (on-the-fly)
- $140,014
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 800 Lotus Ave | 0.15mi | 3/1.0 | 1,000 (+4%) | 3mo | $164,000 | $164 | 79 |
| 620 Lloyd Ave | 0.36mi | 3/1.5 | 952 (-1%) | 2mo | $145,000 | $152 | 78 |
| 701 Royal Ave | 0.23mi | 3/1.5 | 1,006 (+5%) | 2mo | $155,000 | $154 | 78 |
| 1521 Mcdonald Dr | 0.53mi | 3/2.0 | 978 (+2%) | 6mo | $149,000 | $152 | 67 |
| 1417 Mcdonald Dr | 0.46mi | 3/1.0 | 918 (-4%) | 1mo | $134,000 | $146 | 67 |
| 1617 Mcgregor Dr | 0.56mi | 3/1.5 | 1,012 (+6%) | 5mo | $105,000 | $104 | 59 |
| 9701 NE 3rd Pl | 0.50mi | 3/1.5 | 1,063 (+11%) | 3mo | $165,000 | $155 | 54 |
| 10014 Caton Pl | 0.52mi | 3/1.5 | 1,076 (+12%) | 2mo | $145,000 | $135 | 52 |
| 9700 NE 2nd St | 0.69mi | 3/1.5 | 1,033 (+8%) | 8mo | $145,000 | $140 | 46 |
| 9304 NE 16th St | 0.70mi | 3/1.5 | 1,059 (+10%) | 5mo | $154,000 | $145 | 44 |
| 9713 Oak Tree Ter | 0.72mi | 3/1.5 | 1,070 (+12%) | 3mo | $130,000 | $121 | 42 |
| 9708 NE 3rd Pl | 0.53mi | 3/2.5 | 1,101 (+15%) | 8mo | $155,000 | $141 | 42 |
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 · 5.73% rent growth · sell at horizon
- IRR
- 28.5%
- Equity multiple
- 2.23×
- Total profit
- $23,805
- Equity at exit
- $10,288
- IRR
- 37.5%
- Equity multiple
- 4.98×
- Total profit
- $76,821
- Equity at exit
- $5,966
Cash invested: $19,320 (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
ZIP-level market 73130
- Home prices YoY
- -21.0%
- Rents YoY
- 5.7%
- Active inventory
- 160
- Price-to-rent
- 4.5×
Monthly cashflow live
- Estimated rent
- $1,269 high interval (Pro) →
- Mortgage (P&I)
- −$362
- Tax from tax record
- −$120 /mo · $1,437/yr
- Insurance
- −$29
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$267
- Net cashflow
- $492
Break-even live
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
- $17,250
- Closing costs
- $2,070
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 24 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 801 Royal Ave Oklahoma City, OK | 3.0 | 1.0 | 951 | $1,200 | $1.26 | 17d | 1 | 0.15mi |
| 633 Lotus Ave Oklahoma City, OK | 3.0 | 1.0 | 1038 | $1,300 | $1.25 | 11d | 1 | 0.27mi |
| 1525 McGregor Dr Oklahoma City, OK | 3.0 | 1.5 | 1012 | $1,275 | $1.26 | 2d | 1 | 0.51mi |
| 1617 N Christine Dr Oklahoma City, OK | 2.0 | 2.0 | 962 | $1,050 | $1.09 | 24d | 1 | 0.54mi |
| 1400 Marydale Ave Oklahoma City, OK | 3.0 | 1.0 | 1082 | $1,150 | $1.06 | 16d | 1 | 0.56mi |
| 10220 Isaac Dr Oklahoma City, OK | 3.0 | 1.0 | 1106 | $1,250 | $1.13 | 44d | 1 | 0.62mi |
| 9212 Jennifer Pl Oklahoma City, OK | 3.0 | 2.0 | 960 | $1,250 | $1.30 | 44d | 1 | 0.70mi |
| 1809 Michell Dr Oklahoma City, OK | 3.0 | 1.0 | 1125 | $1,095 | $0.97 | 2d | 1 | 0.72mi |
| 9705 Oak Tree Ter Oklahoma City, OK | 3.0 | 2.0 | 1100 | $1,410 | $1.28 | 11d | 1 | 0.72mi |
| 1168 N Douglas Blvd Oklahoma City, OK | 1.0–2.0 | 1.0 | 725 | $1,020 | $1.41 | 17d | 1 | 0.73mi |
| 1520 Patricia Dr Oklahoma City, OK | 3.0 | 1.0 | 1040 | $1,200 | $1.15 | 44d | 1 | 0.82mi |
| 8910 Oak Valley Dr Oklahoma City, OK | 2.0 | 2.0 | 935 | $1,000 | $1.07 | 20d | 1 | 0.90mi |
| 9619 SE 4th St Oklahoma City, OK | 2.0 | 1.0 | 640 | $880 | $1.38 | 24d | 1 | 1.14mi |
| 4033 S Locust Dr Oklahoma City, OK | 2.0 | 1.0 | 800 | $900 | $1.12 | 24d | 1 | 1.22mi |
| 8511 Justin Pl Oklahoma City, OK | 2.0 | 1.0 | 962 | $950 | $0.99 | 15d | 1 | 1.26mi |
| 1014 Spencer Rd Oklahoma City, OK | 2.0 | 2.0 | 800 | $1,000 | $1.25 | 44d | 1 | 1.27mi |
| 1020 N Spencer Rd Oklahoma City, OK | 2.0 | 1.0 | 962 | $895 | $0.93 | 24d | 1 | 1.27mi |
| 8801 Saint George Way Oklahoma City, OK | 3.0 | 2.0 | 1122 | $1,175 | $1.05 | 11d | 1 | 1.27mi |
| 8801 Saint George Way Oklahoma City, OK | 3.0 | 2.0 | 1122 | $1,175 | $1.05 | 24d | 1 | 1.27mi |
| 3513 Parkwoods Ln Oklahoma City, OK | 3.0 | 1.5 | 903 | $1,150 | $1.27 | 44d | 1 | 1.31mi |
| 3609 Woodside Dr Midwest City, OK | 3.0 | 1.0 | 858 | $995 | $1.16 | 2d | 1 | 1.35mi |
| 8717 Saint George Way Oklahoma City, OK | 2.0 | 2.0 | 1075 | $1,150 | $1.07 | 24d | 1 | 1.36mi |
| 1632 N Spencer Rd Oklahoma City, OK | 2.0 | 1.0 | 772 | $895 | $1.16 | 15d | 1 | 1.37mi |
| 1008 Willow Brook Dr Oklahoma City, OK | 3.0 | 1.5 | 1045 | $1,125 | $1.08 | 24d | 1 | 1.48mi |
Listing history 10 events
-
2026-06-18days on market $69,000 Active 15 DOM
-
2026-06-17days on market $69,000 Active 14 DOM
-
2026-06-16days on market $69,000 Active 13 DOM
-
2026-06-15days on market $69,000 Active 12 DOM
-
2026-06-13days on market $69,000 Active 10 DOM
-
2026-06-09days on market $69,000 Active 6 DOM
-
2026-06-08days on market $69,000 Active 5 DOM
-
2026-06-07days on market $69,000 Active 4 DOM
-
2026-06-05remarks 693-char remark
-
2026-06-05$69,000 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
- $1,437 · $120/mo
- Projected year-2 tax
- $1,437 · $120/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 2/10 Low
- Heat 5/10 Major 7 d/yr ≥107°F today · 19 d/yr by 30 yrs out
- Wind 3/10 Moderate 4% chance of damaging wind over 30 yrs
- Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $15,232
- − Mortgage interest
- −$3,865
- − Property taxes
- −$1,437
- − Insurance
- −$345
- − Repairs & maintenance
- −$1,219
- − Management
- −$1,219
- − Depreciation
- −$2,007
- Taxable income
- $5,141
- Est. tax owed @ 24.0%
- −$1,234
- After-tax cash flow
- $4,676/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 — Midwest City
- Score
- 71/100
- State rank
- #30
- US rank
- #6637
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Midwest City, OK
- County
- Oklahoma County · 771,644 people
- City population
- 57,386
- Metro
- Oklahoma City, OK
- Population (ZIP)
- 21,476
- Household income
- $71,189
- Rent vs Own
- Severe rent burden
- 378.0
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
- Diverse neighborhood (Simpson 0.60)
- Race & ethnicity
- White 60% Black 18% Two or more races 14% Hispanic / Latino 7% Asian 2% Native American 2%
- Hispanic origin (detail)
- Mexican 6%
- Common ancestry
- Lithuanian 2% Slovak 2% Italian 2%
- Foreign-born
- 3% · Canada
- Languages at home
- 95% English-only · Spanish 3% Tagalog/Filipino 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
- ▼ -65.22%
- Current HPI
- 245.8385
- Rent YoY
- ▲ 5.73%
- 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
+115.6% since first listed18 events — show timeline
- 2026-06-02 Listed $69,000 MLSOK
- 2025-07-08 Listing Removed — MLSOK
- 2025-04-30 Listed $128,000 MLSOK
- 2025-04-28 Listing Removed — MLSOK
- 2025-03-19 Price Changed $128,000 MLSOK
- 2025-02-28 Listed $130,000 MLSOK
- 2016-07-20 Sold (MLS) $90,000 MLSOK
- 2016-07-15 Sold (Public Records) $90,000 Public Records
- 2016-05-26 Pending — MLSOK
- 2016-05-06 Relisted — MLSOK
- 2016-04-20 Pending — MLSOK
- 2016-04-07 Price Changed $90,000 MLSOK
- 2016-03-30 Listed $80,000 MLSOK
- 2007-12-19 Listing Removed — MLSOK
- 2004-06-14 Sold (Public Records) $67,500 Public Records
- 2002-06-03 Listed $53,900 MLSOK
- 1999-01-27 Sold (Public Records) $40,000 Public Records
- 1993-07-07 Sold (Public Records) $32,000 Public Records
Property tax history
+7.7%/yrLatest (2025): $1,437 · +3.4% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…