101 W Mckennon Rd · Calera, OK 74730

$119,000

3 bd · 1.0 ba · 1,008 sqft · Other · 182 Days on market

Built 1956 10,497 sqft lot

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Why this score? — see what drove the D 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 +10.0/30.0
• Appreciation +10.0/10.0
• ARV discount +7.5/15.0
• Livability +3.0/5.0
• DSCR +2.8/10.0
• 1% rule +2.5/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.0/10.0

Listing remarks MLS

Location Location This 3 bedroom 1 bath sitting on a lg corner lot with mature trees open floor plan Seller is give a 2500 credit to buyer for closing cost Plus a 500 sells bonus

Key facts

• Detached carport
• Front porch
• Storage shed

Tags

• CORNER LOT
• FRONT PORCH
• MATURE TREES
• DETACHED CARPORT
• STORAGE SHED
• CHICKEN COOP

Property features AI

Exterior

• Parking: Detached garage (1 car)
• Security: Smoke detector(s); No safety shelter
• Utilities: Electricity available; Public water; Public sewer
• Home design: Single-story; Faces north; Crawlspace foundation
• Construction: Built with wood siding and wood frame; Asphalt/fiberglass roof
• Exterior features: Covered porch; Porch; Chain link fence; Corner lot; Mature trees

Interior

• Kitchen: Oven; Range; Stove; Refrigerator
• Flooring: Vinyl
• Bathrooms: 1 full bathroom
• Heating & cooling: Electric heating; Window unit cooling
• Interior features: Ceiling fan(s); Laminate counters; Electric range connection; Aluminum frame windows
• Laundry & utility: Electric water heater

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath other listed at $119k.

Deal economics

• At list price, monthly cash flow is $-72 ($-868/yr) — negative.
• To cash-flow at today's rent, offer at most $106k (10.7% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $90k (24.8% below list).
• Recommended offer: $90k (24.8% below list) — sets the bar for 1% rule.
• Cap rate 5.6% vs local median 2.3% in Calera — 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 59/100 on livability (#400 in OK) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+, crime A-; Watch: amenities F, commute F, employment D-.
• Calera (town): math 20% / reading 26% proficiency, ranked #139 of 270 in OK (top 52%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Calera Es (math 21% / reading 28%, grade F, #354 of 845 statewide, top 47%, 631 students, 0% FRL); Calera Hs (math 5% / reading 5%, grade F, #430 of 447 statewide, top 99%, 216 students, 0% FRL) — zoned schools average 0% FRL vs 58% district-wide (58 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: 71 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 176 units permitted in Bryan County in 2024 (80 in 5+ unit buildings).

Forward outlook

• In year one you build about $13k of equity ($823 loan paydown + $12k appreciation (10.0% local appreciation)).
• Bryan County population projected at +26% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $33k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$32k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 182 days — a 12% lower offer ($105k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 7y ago; this cycle's ask has dropped $21k (15%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1956 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $89,500 (24.8% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 182 days. Have you received any prior offers? Is the seller open to a 25% concession, seller financing, or rate buy-down credit?
3. Built in 1956 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. 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.
9. 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.
10. 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: 0.75% ✗
• Cap rate: 5.56%
• Cash-on-cash: -2.61%
• DSCR: 0.88
• GRM: 11.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 22.4%
• Equity multiple: 2.81×
• Total profit: $60,191
• Equity at exit: $107,205

10-year hold

• IRR: 20.1%
• Equity multiple: 6.43×
• Total profit: $180,849
• Equity at exit: $231,191

Cash invested: $33,320 (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

5-day notice; strongly landlord-favorable.

Methodology + full state rankings →

ZIP-level market 74730

• Home prices YoY: 7.0%
• Active inventory: 71
• Price-to-rent: 11.1×

Monthly cashflow live

• Estimated rent: $895 medium
• Mortgage (P&I): −$624
• Tax from tax record: −$106 /mo · $1,269/yr
• Insurance: −$50
• HOA: −$0
• Vacancy / Maint / Mgmt: −$188
• Net cashflow: $-72

Break-even live

Break-even rent $987

Max offer price $106,222

Occupancy floor —

Sensitivity live

Price	-10% $-5	-5% $-39	+0% $-72	+5% $-106	+10% $-140
Rent	-10% $-143	-5% $-108	+0% $-72	+5% $-37	+10% $-2
Rate	-1.0pp $-12	-0.5pp $-42	base $-72	+0.5pp $-103	+1.0pp $-135

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: $29,750
• Closing costs: $3,570
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1312 N 3rd St Calera, OK	1.0–2.0	1.0	563	$895	$1.59	23d	7	1.19mi

Listing history 38 events

1. 2026-06-22
   days on market $119,000 Active 182 DOM
2. 2026-06-21
   days on market $119,000 Active 181 DOM
3. 2026-06-19
   days on market $119,000 Active 179 DOM
4. 2026-06-18
   days on market $119,000 Active 178 DOM
5. 2026-06-17
   days on market $119,000 Active 177 DOM
6. 2026-06-16
   days on market $119,000 Active 176 DOM
7. 2026-06-15
   days on market $119,000 Active 175 DOM
8. 2026-06-14
   days on market $119,000 Active 173 DOM
9. 2026-06-12
   days on market $119,000 Active 172 DOM
10. 2026-06-09
    days on market $119,000 Active 169 DOM
11. 2026-06-08
    days on market $119,000 Active 168 DOM
12. 2026-06-07
    days on market $119,000 Active 167 DOM
13. 2026-06-07
    days on market $119,000 Active 166 DOM
14. 2026-06-03
    remarks 468-char remark
15. 2026-06-03
    price $119,000 Active 162 DOM
16. 2026-06-02
    days on market $129,900 Active 162 DOM
17. 2026-06-01
    days on market $129,900 Active 161 DOM
18. 2026-05-31
    days on market $129,900 Active 160 DOM
19. 2026-05-30
    days on market $129,900 Active 159 DOM
20. 2026-03-07
    price $129,900
21. 2026-02-04
    price $134,900
22. 2026-01-31
    status Active
23. 2026-01-11
    status Pending
24. 2025-12-03
    listed $139,900 Active
25. 2025-12-01
    historical
26. 2025-10-09
    listed $139,900 Active
27. 2024-05-13
    soldstatus $124,900 Closed 181-char remark

    Show marketing remark (181 chars)

    Location Location This 3 bedroom 1 bath sitting on a lg corner lot with mature trees open floor plan Seller is give a 2500 credit to buyer for closing cost Plus a 500 sells bonus

28. 2024-02-28
    status Pending 181-char remark

    Show marketing remark (181 chars)

    Location Location This 3 bedroom 1 bath sitting on a lg corner lot with mature trees open floor plan Seller is give a 2500 credit to buyer for closing cost Plus a 500 sells bonus

29. 2024-02-26
    listed $124,000 Active 181-char remark

    Show marketing remark (181 chars)

    Location Location This 3 bedroom 1 bath sitting on a lg corner lot with mature trees open floor plan Seller is give a 2500 credit to buyer for closing cost Plus a 500 sells bonus

30. 2023-02-13
    historical
31. 2022-10-18
    price $99,000
32. 2022-09-29
    price $119,000
33. 2022-09-29
    price $150,000
34. 2022-09-27
    listed $11,900 Active
35. 2019-12-19
    soldstatus $77,345
36. 2019-09-30
    listed $79,900
37. 2019-09-13
    soldstatus $60,000
38. 2013-07-16
    soldstatus $52,000

ⓘ 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: $1,269 · $106/mo
• Projected year-2 tax: $1,269 · $106/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Taxation est. · year 1

• Rental income: $10,740
• − Mortgage interest: −$6,666
• − Property taxes: −$1,269
• − Insurance: −$595
• − Repairs & maintenance: −$859
• − Management: −$859
• − Depreciation: −$3,462
• Taxable loss: −$2,970
• Est. tax savings @ 24.0%: +$713
• After-tax cash flow: $-155/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: Calera
• NCES district ID: 4006180
• Math proficiency: 20% ▼ -14.00%
• Reading proficiency: 26% ▼ -10.00%
• Median HH income: $42,313
• Composite: 19.65/100
• National rank: #8740
• State rank: #139 of 270 in OK

Livability — Calera

• Score: 59/100
• State rank: #400
• US rank: #20380

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: Calera, OK
• Population (ZIP): 5,790

Population outlook (Bryan County) Hauer SSP2

• Today (2025): 50,265 people
• By 2030: 52,866 · +5.2%
• By 2040: 58,018 · +15.4%
• By 2050: 63,073 · +25.5%
• By 2075: 74,439 · +48.1%
• By 2100: 81,743 · +62.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.58)
• Race & ethnicity: White 64% Two or more races 15% Native American 14% Hispanic / Latino 8%
• Hispanic origin (detail): Mexican 5%
• Common ancestry: Slovak 1% European 1% Italian 1%
• Foreign-born: 1% · Canada
• Languages at home: 96% English-only · Spanish 2%

Political lean MEDSL · Bryan

• 2024 margin: Solid R (+58.5) · D 20.0% · R 78.6% · Other 1.4%
• 2008→2024 swing: -23.0pp toward R · 2008: -35.5pp · 2024: -58.5pp
• All cycles: 2024: R+58.5 2020: R+56.5 2016: R+55.6 2012: R+44.5 2008: R+35.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 21.13%
• Current HPI: 320.8708
• 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

+149.8% since first listed

19 events — show timeline

• 2026-03-07 Price Changed $129,900 MLS Technology, Inc.
• 2026-02-04 Price Changed $134,900 MLS Technology, Inc.
• 2026-01-31 Relisted — MLS Technology, Inc.
• 2026-01-11 Pending — MLS Technology, Inc.
• 2025-12-03 Listed $139,900 MLS Technology, Inc.
• 2025-12-01 Listing Removed — MLS Technology, Inc.
• 2025-10-09 Listed $139,900 MLS Technology, Inc.
• 2024-05-13 Sold (MLS) $124,900 MLS Technology, Inc.
• 2024-02-28 Pending — MLS Technology, Inc.
• 2024-02-26 Listed $124,000 MLS Technology, Inc.
• 2023-02-13 Listing Removed — MLS Technology, Inc.
• 2022-10-18 Price Changed $99,000 MLS Technology, Inc.
• 2022-09-29 Price Changed $119,000 MLS Technology, Inc.
• 2022-09-29 Price Changed $150,000 MLS Technology, Inc.
• 2022-09-27 Listed $11,900 MLS Technology, Inc.
• 2019-12-19 Sold (MLS) $77,345 MLS Technology, Inc.
• 2019-09-30 Listed $79,900 MLS Technology, Inc.
• 2019-09-13 Sold (Public Records) $60,000 Public Records
• 2013-07-16 Sold (Public Records) $52,000 Public Records

Property tax history

+14.2%/yr

Latest (2025): $1,269 · +7.1% YoY. Source: county tax records.