53 S Perry St · Prue, OK 74060

$100,000

3 bd · 2.0 ba · 1,288 sqft · SingleFamily · 4 Days on market

Built 1993 Poor condition 2.30 ac lot

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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 +23.3/30.0
• DSCR +7.5/10.0
• ARV discount +7.5/15.0
• 1% rule +6.1/10.0
• Appreciation +5.0/10.0
• Schools +3.7/10.0
• Livability +2.8/5.0
• Rent growth +2.5/5.0
• Condition / age +1.0/5.0

Listing remarks

Stop dreaming about the lake life and start living it! Located at 53 S Perry in Prue, OK, this 1,288 sq ft bungalow sits on a gorgeous 2.3-acre parcel less than a mile from the water. What you? ll love: ? 3 Bedrooms / 2 Bathrooms with a cozy, efficient floor plan ? Covered front porch AND covered back porch for ultimate relaxation ? 2.3 private acres with room for a massive workshop or pool ? Bring your boat, RV, and toys? no HOA restrictions or storage fees! Quiet country living with unbeatable water access just minutes away. Being sold AS-IS, but at this price, this one won't last long! Schedule your private tour today and come see all that this cutie home has to​​‌​​​​‌​​&zwnj

Key facts

• Covered front porch
• Private acres
• Water access

Tags

• COVERED FRONT PORCH
• COVERED BACK PORCH
• PRIVATE ACRES
• WATER ACCESS

Property features AI

Finance

• Financial info: Annual tax information available

Exterior

• Parking: Gravel driveway
• Security: Smoke detector(s); No safety shelter
• Utilities: Public water; Septic tank; Electricity available; Cable available; Phone available
• Home design: Single-story home
• Construction: HardiPlank siding and wood frame construction; Asphalt/fiberglass roof; Built per public records (year built source: public records); Crawlspace foundation
• Exterior features: Covered porch and patio; Gravel driveway; Mature trees and wooded lot; Boat ramp/lift access to Keystone Lake; Faces west

Interior

• Kitchen: Oven; Range; Refrigerator; Disposal; Pantry; Plumbed for ice maker
• Bedrooms: Master bedroom with private bath and walk-in closet (first floor); Bedroom with walk-in closet (first floor); Bedroom without bath (first floor)
• Flooring: Carpet; Vinyl
• Bathrooms: Two full bathrooms (including a master bath with double sink)
• Heating & cooling: Central heating (electric); Central air; Window unit(s); Zoned cooling
• Interior features: High ceilings; High-speed internet; Laminate counters; Wired for data; Aluminum window frames; Electric oven and range connections; Crawl space
• Laundry & utility: Washer hookup; Electric dryer hookup; Interior utility room (first floor)

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $100k. Condition is rated poor.

Deal economics

• At list price, monthly cash flow is $184 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $100k).

Location & tenants

• Location reads 56/100 on livability (#527 in OK) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: employment C-, schools D-, crime F.
• Prue (rural): math 45% / reading 35% proficiency, ranked #102 of 513 in OK (top 20%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 78% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 5 active listings in the ZIP; 89 units permitted in Osage County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $4k of equity ($691 loan paydown + $3k appreciation (3.0% local appreciation)).
• Osage County population projected to shrink 6% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (3.0% appreciation + 3.0% rent growth), your $28k cash investment doubles in ~5 years — after that, you're playing with house money.
• By year 9, paydown + projected appreciation supports a ~$31k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 4 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Climate carrying-cost: severe wildfire risk; extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $100,000

Questions for the listing agent

1. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
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: 1.11% ✓
• Cap rate: 8.50%
• Cash-on-cash: 7.87%
• DSCR: 1.35
• GRM: 7.5

CMA / ARV

• ARV (on-the-fly): $204,792
• Comps found: 4

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
37 N Main St	0.14mi	3/2.0	1,152 (-11%)	1mo	$215,000	$187	75
63 Quail Run Rd	0.40mi	3/2.0	1,320 (+2%)	10mo	$30,000	$23	68
181 N Perry St	0.23mi	3/2.0	1,248 (-3%)	20mo	$199,000	$159	67
127 N 1st St	0.24mi	3/2.0	1,468 (+14%)	18mo	$210,000	$143	50

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 14.9%
• Equity multiple: 1.85×
• Total profit: $23,754
• Equity at exit: $44,964

10-year hold

• IRR: 16.6%
• Equity multiple: 3.44×
• Total profit: $68,217
• Equity at exit: $69,295

Cash invested: $28,000 (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 74060

• Active inventory: 5
• Price-to-rent: 7.5×

Monthly cashflow live

• Estimated rent: $1,107 medium
• Mortgage (P&I): −$524
• Tax est. 1.5%: −$125 /mo · $1,500/yr
• Insurance: −$42
• HOA: −$0
• Vacancy / Maint / Mgmt: −$232
• Net cashflow: $184

Break-even live

Break-even rent $875

Max offer price $100,000

Occupancy floor 78%

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: $25,000
• Closing costs: $3,000
• Reserves months: —
• Total cash needed: —

Listing history 3 events

1. 2026-06-02
   statusdays on market $100,000 Pending 4 DOM
2. 2026-06-01
   days on market $100,000 Active 3 DOM
3. 2026-05-31
   days on market $100,000 Active 2 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 9/10 Extreme
• 🌡 Heat 6/10 Major 7 d/yr ≥110°F today · 18 d/yr by 30 yrs out
• 💨 Wind 3/10 Moderate 5% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,286
• − Mortgage interest: −$5,602
• − Property taxes: −$1,500
• − Insurance: −$500
• − Repairs & maintenance: −$1,063
• − Management: −$1,063
• − Depreciation: −$2,909
• Taxable income: $649
• Est. tax owed @ 24.0%: −$156
• After-tax cash flow: $2,047/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.

Condition & rehab AI · 2 photos

Poor 20/100 Extensive rehab

This property requires extensive repairs and maintenance, including roof, exterior siding, and landscaping. Significant improvements are needed to increase its resale and rental value.

Repairs flagged

• Major roof — Signs of water damage and potential leaks.
• Major exterior siding — Peeling paint and chipping paint indicate significant damage.
• Major front porch flooring — Uneven and damaged flooring requires replacement.
• Major landscaping — Overgrown and unkempt landscaping needs trimming and maintenance.
• Major fencing — The absence of fencing or poor condition of existing fencing would need addressing.
• Major interior walls and systems — The exterior condition suggests significant wear and tear that would likely extend to the interior and systems. Further inspection is needed to confirm this.

Value-add opportunities

• Both landscaping and curb appeal — A well-maintained and aesthetically pleasing exterior can significantly increase both resale and rental value.
• Both roof repair — Fixing the roof will prevent further water damage and improve the overall condition of the property.
• Both exterior siding repair — Repairing the siding will improve the property's appearance and increase its value.
• Both front porch flooring replacement — A new, stable front porch will enhance the property's curb appeal and functionality.
• Both fencing installation — A new fence will improve the property's security and aesthetic appeal.
• Both interior repairs and updates — Addressing any interior issues will improve the property's condition and increase its value for both resale and rental purposes. Further inspection is needed to confirm this.

Renovation cost estimate screening

Repair item	Severity	Est. cost
roof · Signs of water damage and potential leaks.	Major	$15,000–50,000
exterior siding · Peeling paint and chipping paint indicate significant damage.	Major	$15,000–50,000
front porch flooring · Uneven and damaged flooring requires replacement.	Major	$15,000–50,000
landscaping · Overgrown and unkempt landscaping needs trimming and maintenance.	Major	$15,000–50,000
fencing · The absence of fencing or poor condition of existing fencing would need addressing.	Major	$15,000–50,000
interior walls and systems · The exterior condition suggests significant wear and tear that would likely extend to the interior and systems. Further inspection is needed to confirm this.	Major	$15,000–50,000
Total estimated repair cost · 6 items		$90,000–300,000

Value-add ROI direction

• Both landscaping and curb appeal — A well-maintained and aesthetically pleasing exterior can significantly increase both resale and rental value. ↑
• Both roof repair — Fixing the roof will prevent further water damage and improve the overall condition of the property. ↑
• Both exterior siding repair — Repairing the siding will improve the property's appearance and increase its value. ↑
• Both front porch flooring replacement — A new, stable front porch will enhance the property's curb appeal and functionality. ↑
• Both fencing installation — A new fence will improve the property's security and aesthetic appeal. ↑
• Both interior repairs and updates — Addressing any interior issues will improve the property's condition and increase its value for both resale and rental purposes. Further inspection is needed to confirm this. ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Prue
• NCES district ID: 4025170
• Math proficiency: 45% ▲ 15.00%
• Reading proficiency: 35% ▲ 5.00%
• Median HH income: $45,700
• Composite: 36.53/100
• National rank: #9301
• State rank: #102 of 513 in OK

Livability — Prue

• Score: 56/100
• State rank: #527
• US rank: #22857

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Prue, OK
• Population (ZIP): 368

Population outlook (Osage County) Hauer SSP2

• Today (2025): 48,950 people
• By 2030: 48,936 · +-0.0%
• By 2040: 47,826 · -2.3%
• By 2050: 45,781 · -6.5%
• By 2075: 41,140 · -16.0%
• By 2100: 32,796 · -33.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (69%)
• Race & ethnicity: White 69% Two or more races 23% Native American 5%
• Common ancestry: Slovak 5% Serbian 2% Iranian 1%
• Foreign-born: 1%

Political lean MEDSL · Osage

• 2024 margin: Solid R (+41.4) · D 28.4% · R 69.8% · Other 1.7%
• 2008→2024 swing: -17.7pp toward R · 2008: -23.7pp · 2024: -41.4pp
• All cycles: 2024: R+41.4 2020: R+39.5 2016: R+36.8 2012: R+25.2 2008: R+23.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: —
• Current HPI: —
• 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

1 event — show timeline

• 2026-05-29 Listed $100,000 MLS Technology, Inc.