110 S Mckinley St · Enid, OK 73703

$74,900

5 bd · 2.0 ba · 2,072 sqft · SingleFamily public records · 884 Days on market

Built 1950

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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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Livability +3.2/5.0
• Rent growth +3.1/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Are you looking for space galore and move in ready plus a pretty price tag? This is it! With FIVE bedrooms and all the updates done, this type of affordable house doesn't come along that often. New flooring and paint throughout plus updated kitchen and baths! Sitting on a corner lot with mature trees, plus a shed and an oversized garage that also features a work space, this home offers it all! Upstairs bedroom has new mini split HVAC system. * * Seller holds an active real estate license. * *

Key facts

• 2 garage spots
• Listed 883 days

Property features AI

Finance

• Other: Located in subdivision: 4a

Exterior

• Parking: Attached 2-car garage
• Home design: Single-family residence; Single house; Above-grade finished area of 2,072
• Exterior features: Residential zoning

Interior

• Bathrooms: Two full bathrooms
• Interior features: 2 full bathrooms

What this means for you Summary

Snapshot

• This is a 5-bed/2.0-bath single-family listed at $75k.

Deal economics

• At list price, monthly cash flow is $743 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $75k).
• Recommended offer: $66k (12.0% below list) — sets the bar for market timing.
• Cap rate 18.2% vs local median 5.0% in Enid — 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 63/100 on livability (#212 in OK) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment C-, schools D-, crime F.
• Enid (town): math 19% / reading 22% proficiency, ranked #168 of 270 in OK (top 62%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 64% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+2.4%/yr); 171 active listings in the ZIP; 19 units permitted in Garfield County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $518 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Garfield County population projected at +27% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 2.4% rent growth), your $21k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 884 days — a 12% lower offer ($66k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 5y ago; this cycle's ask has dropped $80k (52%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $65,912 (12.0% below list)

Questions for the listing agent

1. It's been on market 884 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. 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?
7. 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.
8. 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.
9. 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: 2.23% ✓
• Cap rate: 18.19%
• Cash-on-cash: 42.49%
• DSCR: 2.89
• GRM: 3.7

CMA / ARV

• ARV (on-the-fly): $298,368
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2913 W Maine St	0.33mi	4/2.0 (-1)	2,148 (+4%)	9mo	$160,000	$74	66
3301 Cogdal Dr	0.54mi	4/2.0 (-1)	1,952 (-6%)	4mo	$139,000	$71	56
3109 W Oklahoma Ave	0.50mi	4/2.0 (-1)	1,920 (-7%)	7mo	$239,999	$125	54
1523 W Maine St	0.69mi	4/2.0 (-1)	2,020 (-2%)	10mo	$199,900	$99	50
1006 Stonebridge Village Dr	0.72mi	4/2.0 (-1)	2,097 (+1%)	11mo	$355,000	$169	50
919 Stonebridge Village Dr	0.67mi	4/2.0 (-1)	1,945 (-6%)	5mo	$352,500	$181	50
1005 Stonebridge Vlg	0.72mi	4/2.0 (-1)	1,945 (-6%)	2mo	$354,000	$182	49
1502 W Maine St	0.73mi	5/2.0	2,266 (+9%)	6mo	$202,000	$89	46
904 Stonebridge	0.63mi	4/2.0 (-1)	2,203 (+6%)	12mo	$379,900	$172	45
1009 Stonebridge Dr	0.73mi	4/2.0 (-1)	1,858 (-10%)	1mo	$345,000	$186	43
1017 Sunnybrook Ln	0.70mi	4/2.5 (-1)	2,191 (+6%)	18mo	$220,000	$100	36
1006 Indian Ter	0.69mi	4/3.0 (-1)	2,277 (+10%)	15mo	$327,000	$144	30

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 · 2.42% rent growth · sell at horizon

5-year hold

• IRR: 38.6%
• Equity multiple: 2.63×
• Total profit: $34,247
• Equity at exit: $11,168

10-year hold

• IRR: 44.7%
• Equity multiple: 5.15×
• Total profit: $87,037
• Equity at exit: $6,476

Cash invested: $20,972 (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 73703

• Rents YoY: 2.4%
• Active inventory: 171
• Price-to-rent: 3.7×

Monthly cashflow live

• Estimated rent: $1,670 medium
• Mortgage (P&I): −$393
• Tax from tax record: −$153 /mo · $1,836/yr
• Insurance: −$31
• HOA: −$0
• Vacancy / Maint / Mgmt: −$351
• Net cashflow: $743

Break-even live

Break-even rent $730

Max offer price $74,900

Occupancy floor 51%

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: $18,725
• Closing costs: $2,247
• Reserves months: —
• Total cash needed: —

Listing history 18 events

1. 2026-06-19
   days on market $74,900 Active 884 DOM
2. 2026-06-18
   days on market $74,900 Active 883 DOM
3. 2026-06-17
   days on market $74,900 Active 882 DOM
4. 2026-06-16
   days on market $74,900 Active 881 DOM
5. 2026-06-15
   days on market $74,900 Active 880 DOM
6. 2026-06-14
   days on market $74,900 Active 878 DOM
7. 2026-06-12
   days on market $74,900 Active 877 DOM
8. 2026-06-09
   days on market $74,900 Active 874 DOM
9. 2026-06-08
   days on market $74,900 Active 873 DOM
10. 2026-06-07
    days on market $74,900 Active 872 DOM
11. 2026-06-02
    days on market $74,900 Active 867 DOM
12. 2026-06-01
    days on market $74,900 Active 866 DOM
13. 2026-05-31
    days on market $74,900 Active 865 DOM
14. 2026-05-30
    days on market $74,900 Active 864 DOM
15. 2022-11-01
    soldstatus $144,000
16. 2022-10-31
    soldstatus $144,000 503-char remark

    Show marketing remark (503 chars)

    Are you looking for space galore and move in ready plus a pretty price tag? This is it! With FIVE bedrooms and all the updates done, this type of affordable house doesn't come along that often. New flooring and paint throughout plus updated kitchen and baths! Sitting on a corner lot with mature trees, plus a shed and an oversized garage that also features a work space, this home offers it all! Upstairs bedroom has new mini split HVAC system. * * Seller holds an active real estate license. * *

17. 2022-08-24
    listed $154,900 503-char remark

    Show marketing remark (503 chars)

    Are you looking for space galore and move in ready plus a pretty price tag? This is it! With FIVE bedrooms and all the updates done, this type of affordable house doesn't come along that often. New flooring and paint throughout plus updated kitchen and baths! Sitting on a corner lot with mature trees, plus a shed and an oversized garage that also features a work space, this home offers it all! Upstairs bedroom has new mini split HVAC system. * * Seller holds an active real estate license. * *

18. 2021-06-30
    listed $74,900 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: $1,836 · $153/mo
• Projected year-2 tax: $1,836 · $153/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 6/10 Major FEMA zone X (unshaded) · 65% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥107°F today · 19 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 2% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,043
• − Mortgage interest: −$4,196
• − Property taxes: −$1,836
• − Insurance: −$374
• − Repairs & maintenance: −$1,603
• − Management: −$1,603
• − Depreciation: −$2,179
• Taxable income: $8,251
• Est. tax owed @ 24.0%: −$1,980
• After-tax cash flow: $6,930/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: Enid
• NCES district ID: 4010920
• Math proficiency: 19% ▼ -11.00%
• Reading proficiency: 22% ▼ -9.00%
• Median HH income: $42,389
• Composite: 17.59/100
• National rank: #9040
• State rank: #168 of 270 in OK

Livability — Enid

• Score: 63/100
• State rank: #212
• US rank: #15472

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Enid, OK
• County: Garfield County · 55,032 people
• City population: 55,032
• Metro: Enid, OK
• Population (ZIP): 30,556
• Household income: $73,333
• Rent vs Own: 32.8% rent · 67.2% own
• Severe rent burden: 702.0

Population outlook (Garfield County) Hauer SSP2

• Today (2025): 69,026 people
• By 2030: 72,171 · +4.6%
• By 2040: 79,366 · +15.0%
• By 2050: 87,847 · +27.3%
• By 2075: 112,714 · +63.3%
• By 2100: 135,682 · +96.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (78%)
• Race & ethnicity: White 78% Hispanic / Latino 10% Two or more races 9% Black 2% Asian 2% Native American 2%
• Hispanic origin (detail): Mexican 8%
• Common ancestry: Iranian 2% Slovak 2% Serbian 1%
• Foreign-born: 4% · Canada, China
• Languages at home: 92% English-only · Spanish 5% Other Asian/Pacific 2% Chinese 1%

Political lean MEDSL · Garfield

• 2024 margin: Solid R (+53.8) · D 22.2% · R 76.0% · Other 1.8%
• 2008→2024 swing: -2.8pp toward R · 2008: -51.0pp · 2024: -53.8pp
• All cycles: 2024: R+53.8 2020: R+53.7 2016: R+53.5 2012: R+52.5 2008: R+51.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -111.61%
• Current HPI: 187.8197
• Rent YoY: ▲ 2.42%
• Metro: Enid, 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

+92.3% since first listed

4 events — show timeline

• 2022-11-01 Sold (Public Records) $144,000 Public Records
• 2022-10-31 Sold (MLS) $144,000 NWOAR
• 2022-08-24 Listed $154,900 NWOAR
• 2021-06-30 Listed $74,900 NWOAR

Property tax history

+11.8%/yr

Latest (2025): $1,836 · +4.3% YoY. Source: county tax records.