5818 S Eggleston Ave · Oklahoma 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 1/10 · Minimal
- Est. fire insurance / yr
- $2,463 – $4,575
Heat risk 6/10 · Moderate
- Hot days now (above 107°F)
- 7 days/yr
- Hot days in 30 yrs
- 19 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- 4.0%
Air-quality risk 1/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 0 days/yr
Risk factors via First Street. Map © Google.
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 +10.2/30.0
- Appreciation +10.0/10.0
- ARV discount +9.5/15.0
- Livability +4.0/5.0
- Rent growth +3.6/5.0
- DSCR +2.9/10.0
- Condition / age +2.5/5.0
- 1% rule +2.4/10.0
- Schools +0.7/10.0
$155,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Welcome to 5818 S Eggleston Ave — a beautifully remodeled 3 bedroom, 1 bathroom home offering a functional layout with fresh finishes throughout. Recent updates include a new roof, providing added peace of mind. The home also features a 1-car garage for everyday convenience. Conveniently located near shopping, dining, and major amenities, this move-in-ready home is a great opportunity to own. Seller is also a licensed agent.
Key facts
- Remodeled
- 1-car garage
- New roof
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $155k.
Deal economics
- At list price, monthly cash flow is $-89 ($-1k/yr) — negative.
- To cash-flow at today's rent, offer at most $139k (10.2% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $115k (26.0% below list).
- Recommended offer: $115k (26.0% below list) — sets the bar for 1% rule.
- Cap rate 5.6% vs local median 3.7% in Oklahoma 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 80/100 on livability (#3 in OK, #1,635 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, cost of living A+; Watch: crime 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: Fillmore Es (math 4% / reading 6%, grade F, #766 of 845 statewide, top 94%, 654 students, 0% FRL); Classen Ms of Advanced Studies (math 35% / reading 46%, grade F, #6 of 345 statewide, top 1%, 855 students, 0% FRL); Capitol Hill Hs (math 2% / reading 4%, grade F, #444 of 447 statewide, top 99%, 1,455 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 (+4.5%/yr); 85 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 5,365 units permitted in Oklahoma County in 2024 (569 in 5+ unit buildings).
- This rent runs 32% of the median local income ($43k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- In year one you build about $17k of equity ($1k loan paydown + $16k appreciation (10.0% local appreciation)).
- Oklahoma County population projected at +41% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
- By year 3, paydown + projected appreciation supports a ~$42k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- It's been on market 37 days — a 3% lower offer ($150k) is reasonable based on typical stale-listing flexibility.
- Current owner paid $95k; list at $155k implies a 63% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1955 — 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
- 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?
- It's been on market 37 days. Have you received any prior offers? Is the seller open to a 26% concession, seller financing, or rate buy-down credit?
- Built in 1955 — 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 F-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 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?
- 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?
- 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
- 0.74% ✗
- Cap rate
- 5.60%
- Cash-on-cash
- -2.47%
- DSCR
- 0.89
- GRM
- 11.3
CMA / ARV
- ARV (on-the-fly)
- $162,285
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 5400 S Broadway Ave | 0.27mi | 3/1.5 | 1,030 (-2%) | 2mo | $168,000 | $163 | 81 |
| 5404 S Broadway Ave | 0.26mi | 3/1.5 | 1,076 (+3%) | 2mo | $173,000 | $161 | 80 |
| 5309 S Santa Fe Ave | 0.32mi | 3/1.5 | 1,049 (+0%) | 6mo | $139,000 | $133 | 78 |
| 220 SE 53rd St | 0.46mi | 3/1.0 | 1,005 (-4%) | 0mo | $145,000 | $144 | 72 |
| 6301 S Broadway Ave | 0.29mi | 3/1.5 | 1,132 (+8%) | 2mo | $189,900 | $168 | 69 |
| 432 SW 63rd Pl | 0.56mi | 3/1.5 | 1,132 (+8%) | 4mo | $176,000 | $155 | 55 |
| 322 SE 55th St | 0.52mi | 3/2.0 | 1,128 (+8%) | 5mo | $174,500 | $155 | 55 |
| 4816 S Hudson Ave | 0.73mi | 2/1.0 (-1) | 1,070 (+2%) | 6mo | $165,000 | $154 | 52 |
| 5304 S Byers Ave | 0.64mi | 3/1.0 | 1,120 (+7%) | 10mo | $150,000 | $134 | 50 |
| 6100 S Shartel Ave | 0.73mi | 3/2.0 | 1,098 (+5%) | 7mo | $175,000 | $159 | 48 |
| 321 SE 49th St | 0.74mi | 2/1.0 (-1) | 1,126 (+8%) | 4mo | $95,000 | $84 | 44 |
| 6141 Cielo Ter | 0.72mi | 3/2.0 | 1,187 (+13%) | 2mo | $150,000 | $126 | 39 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
10.0% appreciation · 4.51% rent growth · sell at horizon
- IRR
- 22.9%
- Equity multiple
- 2.85×
- Total profit
- $80,476
- Equity at exit
- $139,636
- IRR
- 20.8%
- Equity multiple
- 6.65×
- Total profit
- $245,213
- Equity at exit
- $301,131
Cash invested: $43,400 (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 73109
- Home prices YoY
- 9.5%
- Rents YoY
- 4.5%
- Active inventory
- 85
- Price-to-rent
- 11.3×
Monthly cashflow live
- Estimated rent
- $1,147 high interval (Pro) →
- Mortgage (P&I)
- −$813
- Tax from tax record
- −$118 /mo · $1,414/yr
- Insurance
- −$65
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$241
- Net cashflow
- $-89
Break-even live
Sensitivity live
| Price | -10% $-1 | -5% $-45 | +0% $-89 | +5% $-133 | +10% $-177 |
|---|---|---|---|---|---|
| Rent | -10% $-180 | -5% $-134 | +0% $-89 | +5% $-44 | +10% $1 |
| Rate | -1.0pp $-11 | -0.5pp $-50 | base $-89 | +0.5pp $-129 | +1.0pp $-170 |
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
- $38,750
- Closing costs
- $4,650
- 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 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 24 SW 54th St Oklahoma City, OK | 3.0 | 1.5 | 1272 | $1,400 | $1.10 | 45d | 1 | 0.21mi |
| 6050 S Harvey Ave Apt 103 Oklahoma City, OK | 2.0 | 1.0 | 780 | $929 | $1.19 | 25d | 1 | 0.27mi |
| 6050 S Harvey Ave Oklahoma City, OK | 2.0 | 1.0 | 780 | $929 | $1.19 | 45d | 1 | 0.27mi |
| 5542 S Walker Ave Oklahoma City, OK | 2.0 | 1.0 | 681 | $920 | $1.35 | 4d | 1 | 0.42mi |
| 5113 S Sage Ave Oklahoma City, OK | 3.0 | 1.5 | 996 | $1,025 | $1.03 | 3d | 1 | 0.49mi |
| 449 SW 63rd Pl Unit 6400 S Byers Oklahoma City, OK | 3.0 | 1.0 | 775 | $850 | $1.10 | 25d | 1 | 0.59mi |
| 5909 S Lee Ave Oklahoma City, OK | 1.0–2.0 | 1.0 | 775 | $980 | $1.26 | 5d | 5 | 0.64mi |
| 616 SW 59th St Unit 43 Oklahoma City, OK | 2.0 | 1.0 | 775 | $900 | $1.16 | 45d | 1 | 0.66mi |
| 5413 S Lee Ave Oklahoma City, OK | 3.0 | 2.0 | 1460 | $2,100 | $1.44 | 4d | 1 | 0.71mi |
| 6612 S Stiles Ave Oklahoma City, OK | 2.0 | 1.0 | 870 | $800 | $0.92 | 45d | 1 | 0.73mi |
| 6144 Cielo Ter Oklahoma City, OK | 3.0 | 2.0 | 1149 | $1,450 | $1.26 | 4d | 1 | 0.75mi |
| 311 SE 66th St Unit 6620-301 Oklahoma City, OK | 2.0 | 1.0 | 870 | $850 | $0.98 | 45d | 1 | 0.76mi |
| 6052 Johnnie Ter Oklahoma City, OK | 3.0 | 2.0 | 1223 | $1,295 | $1.06 | 5d | 1 | 0.80mi |
| 620 SW 50th St Oklahoma City, OK | 2.0 | 1.0 | 977 | $1,100 | $1.13 | 4d | 1 | 0.82mi |
| 321 SE 67th St Oklahoma City, OK | 4.0 | 1.0 | 1286 | $1,295 | $1.01 | 45d | 1 | 0.82mi |
| 7125 S Santa Fe Ave Oklahoma City, OK | 3.0 | 2.0 | 1100 | $1,200 | $1.09 | 45d | 1 | 0.83mi |
| 6321 Johnnie Ter Oklahoma City, OK | 3.0 | 1.0 | 850 | $1,150 | $1.35 | 45d | 1 | 0.84mi |
| 6513 Ashby Ter Oklahoma City, OK | 3.0 | 2.0 | 1049 | $1,095 | $1.04 | 25d | 1 | 0.86mi |
| 6413 S Lindsay Ave Oklahoma City, OK | 3.0 | 1.0 | 1150 | $1,150 | $1.00 | 45d | 1 | 0.91mi |
| 800 SW 52nd St Oklahoma City, OK | 2.0 | 1.0 | 920 | $995 | $1.08 | 25d | 1 | 0.92mi |
| 808 SE 61st St Oklahoma City, OK | 3.0 | 1.0 | 736 | $940 | $1.28 | 45d | 1 | 0.93mi |
| 625 SW 68th St Oklahoma City, OK | 3.0 | 2.0 | 1215 | $1,400 | $1.15 | 4d | 1 | 0.98mi |
| 101 SE 42nd St Unit B Oklahoma City, OK | 2.0 | 1.0 | 740 | $645 | $0.87 | 45d | 1 | 1.02mi |
| 109 SE 42nd St Apt A Oklahoma City, OK | 2.0 | 1.0 | 800 | $799 | $1.00 | 18d | 1 | 1.03mi |
| 733 SW 47th St Oklahoma City, OK | 3.0 | 1.5 | 1228 | $1,180 | $0.96 | 25d | 1 | 1.07mi |
| 624 SW 44th St Oklahoma City, OK | 2.0 | 1.0 | 1206 | $1,500 | $1.24 | 45d | 1 | 1.09mi |
| 632 SW 44th St Oklahoma City, OK | 2.0 | 1.0 | 958 | $1,000 | $1.04 | 5d | 1 | 1.10mi |
| 7255 S Walker Ave Oklahoma City, OK | 2.0 | 2.0 | 850 | $949 | $1.12 | 3d | 1 | 1.12mi |
| 6111 S Klein Ave Oklahoma City, OK | 2.0–3.0 | 1.0 | 617 | $900 | $1.46 | 5d | 3 | 1.13mi |
| 4101 S Shields Blvd Apt 3B Oklahoma City, OK | 3.0 | 2.0 | 957 | $1,025 | $1.07 | 5d | 1 | 1.15mi |
| 4101 S Shields Blvd Unit Shields 3B Oklahoma City, OK | 3.0 | 2.0 | 957 | $1,050 | $1.10 | 25d | 1 | 1.15mi |
| 1004 SW 62nd St Oklahoma City, OK | 3.0 | 1.0 | 968 | $1,295 | $1.34 | 5d | 1 | 1.16mi |
| 1025 SW 57th St Oklahoma City, OK | 4.0 | 1.5 | 1288 | $1,350 | $1.05 | 45d | 1 | 1.17mi |
| 904 SE 69th St Oklahoma City, OK | 3.0 | 1.5 | 911 | $1,150 | $1.26 | 25d | 1 | 1.19mi |
| 4426 S Olie Ave Oklahoma City, OK | 2.0 | 2.0 | 1159 | $1,220 | $1.05 | 13d | 1 | 1.20mi |
| 605 SE 72nd St Oklahoma City, OK | 3.0 | 1.0 | 853 | $990 | $1.16 | 45d | 1 | 1.21mi |
| 1020 SW 65th St Oklahoma City, OK | 3.0 | 1.0 | 956 | $1,330 | $1.39 | 45d | 1 | 1.27mi |
| 1004 SW 45th St Oklahoma City, OK | 2.0 | 1.0 | 756 | $950 | $1.26 | 25d | 1 | 1.37mi |
| 1112 SW 67th St Unit 4220 Oklahoma City, OK | 3.0 | 2.0 | 1300 | $1,395 | $1.07 | 5d | 1 | 1.44mi |
| 717 Santa Rosa Dr Oklahoma City, OK | 1.0–3.0 | 1.0–1.5 | 1025 | $1,300 | $1.27 | 3d | 42 | 1.49mi |
Listing history 4 events
-
2026-01-24status Pending
-
2025-12-18$155,000 Active
-
2024-09-06soldstatus $95,000
-
1991-12-17soldstatus $23,000
ⓘ 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
- $1,414 · $118/mo
- Projected year-2 tax
- $1,414 · $118/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 1/10 Low
- Heat 6/10 Major 7 d/yr ≥107°F today · 19 d/yr by 30 yrs out
- Wind 2/10 Low 4% chance of damaging wind over 30 yrs
- Air quality 1/10 Low 0 unhealthy d/yr today · 0 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
- $13,763
- − Mortgage interest
- −$8,682
- − Property taxes
- −$1,414
- − Insurance
- −$775
- − Repairs & maintenance
- −$1,101
- − Management
- −$1,101
- − Depreciation
- −$4,509
- Taxable loss
- −$3,820
- Est. tax savings @ 24.0%
- +$917
- After-tax cash flow
- $-154/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 — Oklahoma City
- Score
- 80/100
- State rank
- #3
- US rank
- #1635
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Oklahoma City, OK
- County
- Oklahoma County · 771,644 people
- City population
- 498,656
- Metro
- Oklahoma City, OK
- Population (ZIP)
- 21,378
- Household income
- $43,133
- Rent vs Own
- Severe rent burden
- 1473.0
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 0.55)
- Race & ethnicity
- Hispanic / Latino 62% Two or more races 24% White 23% Black 9% Native American 5%
- Hispanic origin (detail)
- Mexican 58%
- Common ancestry
- Italian 1% Hispanic 1% Scottish 1%
- Foreign-born
- 26% · Canada
- Languages at home
- 49% English-only · Spanish 50% Other Asian/Pacific 0%
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
- ▲ 23.48%
- Current HPI
- 270.5333
- Rent YoY
- ▲ 4.51%
- 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
+573.9% since first listed4 events — show timeline
- 2026-01-24 Pending — MLSOK
- 2025-12-18 Listed $155,000 MLSOK
- 2024-09-06 Sold (Public Records) $95,000 Public Records
- 1991-12-17 Sold (Public Records) $23,000 Public Records
Property tax history
+6.3%/yrLatest (2025): $1,414 · +37.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…