1913 W Oklahoma Ave · Enid, OK 73703

$119,900

3 bd · 1.0 ba · 1,154 sqft · SingleFamily public records · 24 Days on market

Built 1913 7,000 sqft lot Est $112k · 7% over

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Why this score? — see what drove the C+ 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 +28.0/30.0
• DSCR +9.9/10.0
• 1% rule +7.4/10.0
• ARV discount +4.3/15.0
• 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

This charming 3-bedroom, 1-bath home is the perfect opportunity for a first-time buyer, someone looking to downsize, or an excellent addition to any investment portfolio. Conveniently located on the west side of town near shopping, dining, and everyday amenities, this move-in-ready property offers both comfort and convenience. Inside, you’ll find stylish laminate wood flooring, modern neutral colors throughout, a spacious living area, a cozy dining nook, and a well-appointed kitchen designed for easy living. The unfinished basement provides additional storage. Outside, the fenced backyard offers plenty of space to relax or entertain, complete with a storage shed for added convenience.

Key facts

• Unfinished basement
• Storage shed
• Fenced backyard

Tags

• FENCED BACKYARD
• UNFINISHED BASEMENT
• STORAGE SHED
• WELL-APPOINTED KITCHEN

Property features AI

Exterior

• Security: Smoke detectors
• Utilities: Public water; Public sewer
• Home design: Single family residence; Single-story
• Construction: Stucco exterior
• Exterior features: Chain link and wood fencing; Composition roof; North-facing

Interior

• Kitchen: Dishwasher; Microwave; Refrigerator
• Flooring: Laminate flooring
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating (natural gas); Central air; Ceiling fan(s)
• Interior features: Window coverings; Living room fireplace; Unfinished basement

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $120k.

Deal economics

• At list price, monthly cash flow is $372 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $120k).
• Recommended offer: $118k (1.5% below list) — sets the bar for market timing.
• Cap rate 10.0% 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 $829 of loan paydown is wiped out by about $4k 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 $34k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 24 days — a 2% lower offer ($118k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 12y 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.
• Current owner paid $55k; list at $120k implies a 118% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1913 — 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.

Recommended offer $118,101 (1.5% below list)

Questions for the listing agent

1. Built in 1913 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
5. 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.
6. 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.
7. 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: 1.24% ✓
• Cap rate: 10.02%
• Cash-on-cash: 13.30%
• DSCR: 1.59
• GRM: 6.7

CMA / ARV

• ARV (on-the-fly): $111,938
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1815 W Oklahoma Ave	0.07mi	3/2.0	1,062 (-8%)	0mo	$120,000	$113	80
2522 W Oklahoma Ave	0.46mi	2/1.0 (-1)	1,134 (-2%)	1mo	$99,000	$87	70
2709 W Oklahoma Ave	0.58mi	3/1.0	1,172 (+2%)	9mo	$136,000	$116	63
1625 W Maple Ave	0.44mi	3/1.0	1,224 (+6%)	10mo	$83,500	$68	61
201 Western Dr	0.24mi	2/1.0 (-1)	1,069 (-7%)	13mo	$94,500	$88	61
2418 W Broadway Ave	0.47mi	2/1.0 (-1)	1,256 (+9%)	1mo	$65,000	$52	58
1824 W Elm Ave	0.48mi	3/1.0	1,248 (+8%)	10mo	$65,500	$52	56
1024 W Oklahoma Ave	0.61mi	2/1.0 (-1)	1,182 (+2%)	8mo	$120,000	$102	56
1810 Seneca Ave	0.63mi	2/1.0 (-1)	1,297 (+12%)	3mo	$129,000	$99	43
1424 W Pine Ave	0.64mi	3/1.5	1,000 (-13%)	6mo	$97,000	$97	41
1214 W James Ave	0.61mi	3/2.5	1,293 (+12%)	9mo	$155,000	$120	38
1403 W Elm Ave	0.59mi	2/1.0 (-1)	1,016 (-12%)	12mo	$85,500	$84	38

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: 2.7%
• Equity multiple: 1.10×
• Total profit: $3,417
• Equity at exit: $17,877

10-year hold

• IRR: 11.7%
• Equity multiple: 1.89×
• Total profit: $30,024
• Equity at exit: $10,367

Cash invested: $33,572 (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: 6.7×

Monthly cashflow live

• Estimated rent: $1,483 medium
• Mortgage (P&I): −$629
• Tax from tax record: −$121 /mo · $1,453/yr
• Insurance: −$50
• HOA: −$0
• Vacancy / Maint / Mgmt: −$312
• Net cashflow: $372

Break-even live

Break-even rent $1,012

Max offer price $119,900

Occupancy floor 70%

Sensitivity live

Price	-10% $440	-5% $406	+0% $372	+5% $338	+10% $304
Rent	-10% $255	-5% $314	+0% $372	+5% $431	+10% $489
Rate	-1.0pp $433	-0.5pp $403	base $372	+0.5pp $341	+1.0pp $309

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: $29,975
• Closing costs: $3,597
• Reserves months: —
• Total cash needed: —

Listing history 21 events

1. 2026-06-19
   days on market $119,900 Active 24 DOM
2. 2026-06-18
   days on market $119,900 Active 23 DOM
3. 2026-06-17
   days on market $119,900 Active 22 DOM
4. 2026-06-16
   days on market $119,900 Active 21 DOM
5. 2026-06-15
   days on market $119,900 Active 20 DOM
6. 2026-06-14
   days on market $119,900 Active 18 DOM
7. 2026-06-12
   days on market $119,900 Active 17 DOM
8. 2026-06-09
   days on market $119,900 Active 14 DOM
9. 2026-06-08
   days on market $119,900 Active 13 DOM
10. 2026-06-07
    days on market $119,900 Active 12 DOM
11. 2026-06-02
    days on market $119,900 Active 7 DOM
12. 2026-06-01
    days on market $119,900 Active 6 DOM
13. 2026-05-31
    days on market $119,900 Active 5 DOM
14. 2026-05-30
    days on market $119,900 Active 4 DOM
15. 2026-05-26
    listed $119,900 Active
16. 2025-04-29
    price $114,900
17. 2024-03-27
    price $99,900
18. 2015-07-30
    soldstatus $55,000
19. 2015-07-27
    soldstatus $55,000
20. 2014-09-24
    listed $68,500
21. 1998-07-16
    soldstatus $24,500

ⓘ 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: $1,453 · $121/mo
• Projected year-2 tax: $1,453 · $121/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 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: $17,802
• − Mortgage interest: −$6,716
• − Property taxes: −$1,453
• − Insurance: −$600
• − Repairs & maintenance: −$1,424
• − Management: −$1,424
• − Depreciation: −$3,488
• Taxable income: $2,697
• Est. tax owed @ 24.0%: −$647
• After-tax cash flow: $3,819/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

+389.4% since first listed

7 events — show timeline

• 2026-05-26 Listed $119,900 NWOAR
• 2025-04-29 Price Changed $114,900 NWOAR
• 2024-03-27 Price Changed $99,900 NWOAR
• 2015-07-30 Sold (MLS) $55,000 NWOAR
• 2015-07-27 Sold (Public Records) $55,000 Public Records
• 2014-09-24 Listed $68,500 NWOAR
• 1998-07-16 Sold (Public Records) $24,500 Public Records

Property tax history

+13.1%/yr

Latest (2025): $1,453 · +4.3% YoY. Source: county tax records.