237 N Rogers Ave · Bartlesville, OK 74003

$69,900

1 bd · 1.0 ba · 1,000 sqft · SingleFamily public records · 16 Days on market

Built 1990 7,000 sqft lot

---

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
• DSCR +10.0/10.0
• Appreciation +10.0/10.0
• 1% rule +8.1/10.0
• ARV discount +7.5/15.0
• Livability +3.2/5.0
• Schools +2.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks

Welcome to this charming 2-bedroom, 2-bath home featuring a dedicated office space that could easily serve as a small third bedroom. Both bedrooms offer the convenience of en-suite bathrooms, providing comfort and privacy for occupants and guests alike. Although this property needs some TLC, it has previously been used as a rental and is currently in livable condition, making it an excellent opportunity for a primary residence, first-time homebuyer, or investment property. The kitchen includes a refrigerator, adding value and convenience for the new owner. Please note that the storage shed does not convey with the sale. Property is being sold AS IS, with no repairs to be made by the seller.

Key facts

• En-suite bathrooms
• 7,000 sq ft lot
• Built 1990

Tags

• DEDICATED OFFICE SPACE
• EN-SUITE BATHROOMS
• KITCHEN INCLUDES REFRIGERATOR
• FLEXIBLE LIVING SPACE
• STRONG INVESTMENT POTENTIAL

Property features AI

Exterior

• Parking: Gravel driveway parking
• Security: Smoke detector(s); No safety shelter
• Utilities: Electricity available; Natural gas available; Public water; Public sewer
• Home design: Single-story home; Faces west; Crawlspace foundation
• Construction: Vinyl siding; Wood frame construction; Asphalt/fiberglass roof; Built per public records
• Exterior features: Gravel driveway; Shed(s); Full chain link fence; Mature trees

Interior

• Kitchen: Eat-in kitchen; Oven; Range; Dishwasher; Disposal; Refrigerator
• Bedrooms: Master bedroom with private bath (first floor); Bedroom with private bath (first floor)
• Flooring: Carpet; Tile
• Bathrooms: 2 full bathrooms; Hall bath with bathtub (first floor); Master bath with bathtub (first floor)
• Heating & cooling: Central heating (gas); Central air conditioning
• Interior features: Laminate counters; Ceiling fan(s); Electric oven connection; Gas range connection; Gas oven connection; Vinyl window frames
• Laundry & utility: Washer hookup; Electric dryer hookup; Gas dryer hookup; Utility room inside (first floor)

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath single-family listed at $70k.

Deal economics

• At list price, monthly cash flow is $309 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($919 rent vs $70k).
• Recommended offer: $69k (1.5% below list) — sets the bar for market timing.
• Cap rate 11.6% vs local median 4.7% in Bartlesville — 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 64/100 on livability (#175 in OK) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment C-, schools D+, crime D+.
• Bartlesville (town): math 30% / reading 29% proficiency, ranked #59 of 270 in OK (top 22%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 137 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 46 units permitted in Washington County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $7k of equity ($483 loan paydown + $7k appreciation (10.0% local appreciation)).
• Washington County population projected at +12% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $20k cash investment doubles in ~2 years — after that, you're playing with house money.
• By year 5, paydown + projected appreciation supports a ~$35k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 16 days — a 2% lower offer ($69k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 3y 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 $28k; list at $70k implies a 150% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: major 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 $68,851 (1.5% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. Crime grade is D 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?
4. 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.
5. 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.
6. 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: 1.31% ✓
• Cap rate: 11.60%
• Cash-on-cash: 18.94%
• DSCR: 1.84
• GRM: 6.3

CMA / ARV

• ARV (on-the-fly): $41,000
• Comps found: 5

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
316 NW Cass Ave	0.16mi	2/1.0 (+1)	872 (-13%)	12mo	$35,000	$40	56
608 NW Lupa St	0.42mi	1/1.0	1,094 (+9%)	15mo	$45,000	$41	52
513 NW Woodrow	0.48mi	1/1.0	1,112 (+11%)	9mo	$69,118	$62	51
116 S Seminole Ave	0.39mi	2/1.0 (+1)	1,128 (+13%)	6mo	$60,000	$53	50
113 N Rogers Ave	0.19mi	2/1.0 (+1)	854 (-15%)	18mo	$23,000	$27	47

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 38.4%
• Equity multiple: 3.95×
• Total profit: $57,720
• Equity at exit: $62,971

10-year hold

• IRR: 33.0%
• Equity multiple: 8.89×
• Total profit: $154,449
• Equity at exit: $135,800

Cash invested: $19,572 (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 74003

• Home prices YoY: 5.0%
• Active inventory: 137
• Price-to-rent: 6.3×

Monthly cashflow live

• Estimated rent: $919 medium
• Mortgage (P&I): −$367
• Tax from tax record: −$21 /mo · $256/yr
• Insurance: −$29
• HOA: −$0
• Vacancy / Maint / Mgmt: −$193
• Net cashflow: $309

Break-even live

Break-even rent $528

Max offer price $69,900

Occupancy floor 61%

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: $17,475
• Closing costs: $2,097
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
821 S Johnstone Ave Bartlesville, OK	1.0–2.0	1.0–2.0	888	$991	$1.12	24d	1	1.09mi

Listing history 23 events

1. 2026-06-19
   days on market $69,900 Active 16 DOM
2. 2026-06-18
   days on market $69,900 Active 15 DOM
3. 2026-06-17
   days on market $69,900 Active 14 DOM
4. 2026-06-16
   days on market $69,900 Active 13 DOM
5. 2026-06-15
   days on market $69,900 Active 12 DOM
6. 2026-06-14
   days on market $69,900 Active 10 DOM
7. 2026-06-12
   days on market $69,900 Active 9 DOM
8. 2026-06-09
   days on market $69,900 Active 6 DOM
9. 2026-06-08
   days on market $69,900 Active 5 DOM
10. 2026-06-07
    days on market $69,900 Active 4 DOM
11. 2026-06-03
    remarks 699-char remark
12. 2026-06-03
    days on marketlisting id $69,900 Active 1 DOM
13. 2026-02-03
    listed $69,900 Active
14. 2026-01-28
    historical
15. 2025-12-18
    status Active
16. 2025-12-18
    price $77,000
17. 2025-12-04
    status Pending
18. 2025-11-28
    price $83,000
19. 2025-08-11
    price $88,000
20. 2025-07-28
    listed $93,000 Active
21. 2024-01-05
    historical $850
22. 2023-12-20
    listed $850
23. 2007-08-02
    soldstatus $28,000

ⓘ 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: $256 · $21/mo
• Projected year-2 tax: $629 · $52/mo
• Expected delta: +$373/yr (+$31/mo · 145.7%)

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

Climate risk First Street

• 🌊 Flood 3/10 Moderate FEMA zone X (shaded) · 13% chance over 30 yrs
• 🔥 Wildfire 7/10 Severe
• 🌡 Heat 6/10 Major 7 d/yr ≥112°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 4% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $11,028
• − Mortgage interest: −$3,915
• − Property taxes: −$256
• − Insurance: −$350
• − Repairs & maintenance: −$882
• − Management: −$882
• − Depreciation: −$2,033
• Taxable income: $2,709
• Est. tax owed @ 24.0%: −$650
• After-tax cash flow: $3,057/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: Bartlesville
• NCES district ID: 4003630
• Math proficiency: 30% ▼ -13.00%
• Reading proficiency: 29% ▼ -10.00%
• Median HH income: $48,889
• Composite: 25.69/100
• National rank: #7389
• State rank: #59 of 270 in OK

Livability — Bartlesville

• Score: 64/100
• State rank: #175
• US rank: #13940

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Bartlesville, OK
• County: Washington County · 41,935 people
• City population: 41,935
• Metro: Bartlesville, OK
• Population (ZIP): 14,024
• Household income: $47,168
• Rent vs Own: 41.3% rent · 58.7% own
• Severe rent burden: 395.0

Population outlook (Washington County) Hauer SSP2

• Today (2025): 54,946 people
• By 2030: 56,249 · +2.4%
• By 2040: 58,867 · +7.1%
• By 2050: 61,600 · +12.1%
• By 2075: 69,355 · +26.2%
• By 2100: 73,067 · +33.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (69%)
• Race & ethnicity: White 69% Two or more races 14% Hispanic / Latino 7% Native American 7% Black 4%
• Hispanic origin (detail): Mexican 6%
• Common ancestry: Slovak 2% Lithuanian 2% Italian 2%
• Foreign-born: 2% · Canada
• Languages at home: 96% English-only · Spanish 4%

Political lean MEDSL · Washington

• 2024 margin: Solid R (+47.6) · D 25.0% · R 72.7% · Other 2.4%
• 2008→2024 swing: -3.1pp toward R · 2008: -44.6pp · 2024: -47.6pp
• All cycles: 2024: R+47.6 2020: R+48.0 2016: R+48.5 2012: R+47.8 2008: R+44.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 14.78%
• Current HPI: 309.9534
• Rent YoY: —
• Metro: Bartlesville, 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

+149.6% since first listed

11 events — show timeline

• 2026-02-03 Listed $69,900 MLS Technology, Inc.
• 2026-01-28 Listing Removed — MLS Technology, Inc.
• 2025-12-18 Relisted — MLS Technology, Inc.
• 2025-12-18 Price Changed $77,000 MLS Technology, Inc.
• 2025-12-04 Pending — MLS Technology, Inc.
• 2025-11-28 Price Changed $83,000 MLS Technology, Inc.
• 2025-08-11 Price Changed $88,000 MLS Technology, Inc.
• 2025-07-28 Listed $93,000 MLS Technology, Inc.
• 2024-01-05 Rental Removed $850 Avail
• 2023-12-20 Listed for Rent $850 Avail
• 2007-08-02 Sold (Public Records) $28,000 Public Records

Property tax history

+13.3%/yr

Latest (2025): $256 · +93.9% YoY. Source: county tax records.