8113 NW 113th St · 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 3/10 · Minor
- 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
- 2.0%
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 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 +25.1/30.0
- ARV discount +15.0/15.0
- DSCR +8.2/10.0
- 1% rule +6.2/10.0
- Livability +4.0/5.0
- Rent growth +3.9/5.0
- Condition / age +2.5/5.0
- Schools +1.3/10.0
- Appreciation +0.0/10.0
$160,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
BEAUTIFUL CERAMIC TILE IN ENTRY AND MASTER BATH. GLASS SHOWER DOOR IN MASTER BATH PLUS HIS AND HER WALK-IN CLOSETS. SPACIOUS CATHEDRAL CEILING IN LIVING ROOM WITH FIREPLACE/BOOKSHELF. LOTS OF STORAGE SPACE. NEW EXTERIOR PAINT! HURRY! IT WON`T LAST LONG...
Key facts
- Spacious living area
- Walk-in closet
- Roomy kitchen
Tags
Property features AI
Finance
- Financial info: Listing offered as-is; Accepted listing terms include Cash Only and Conventional financing; Not assumable
- HOA & community: No mandatory association dues
Exterior
- Parking: 2-car garage
- Utilities: Electricity available; Natural gas available; High-speed internet available; Public utilities
- Home design: Single family residence; One-level property; Residential, existing construction
- Construction: Masonry veneer exterior; Composition roof; Slab foundation
- Exterior features: Wood fence; Interior lot
Interior
- Kitchen: Electric range (free-standing); Electric oven; Dishwasher; Disposal; Refrigerator
- Bedrooms: 3 bedrooms
- Flooring: Laminate; Tile
- Bathrooms: 2 full bathrooms
- Heating & cooling: Electric heating
- Interior features: Ceiling fan(s); Wood-burning fireplace
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath single-family listed at $160k.
Deal economics
- At list price, monthly cash flow is $355 ($4k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $160k).
- Cap rate 9.0% 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.
- Putnam City (urban): math 12% / reading 16% proficiency, ranked #227 of 270 in OK (top 84%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 65% free/reduced lunch — lower-income household profile, screen leases tightly.
- Zoned schools: Will Rogers Es (math 12% / reading 22%, grade F, #540 of 845 statewide, top 68%, 365 students, 0% FRL); Putnam City North Hs (math 18% / reading 29%, grade F, #218 of 447 statewide, top 49%, 1,579 students, 0% FRL) — zoned schools average 0% FRL vs 65% district-wide (65 pts lower); this property's tenant base skews higher-income than the district average.
- Market conditions: Rents rising fast (+5.6%/yr); 166 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 5,365 units permitted in Oklahoma County in 2024 (569 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
- Oklahoma County population projected at +41% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
- At projected returns (-3.0% appreciation + 5.6% rent growth), your $45k cash investment doubles in ~9 years — after that, you're playing with house money.
Negotiation context
- Only 4 days on market — expect competitive offers; lowballing is unlikely to land.
- 2 sale attempts since 25y 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 $95k; list at $160k implies a 68% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- 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
- 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?
- 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
- 1.12% ✓
- Cap rate
- 8.95%
- Cash-on-cash
- 9.50%
- DSCR
- 1.42
- GRM
- 7.4
CMA / ARV
- ARV (on-the-fly)
- $225,790
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 8113 NW 113th St | 0.00mi | 3/2.0 | 1,685 (0%) | 1mo | $140,000 | $83 | 99 |
| 11304 N Eagle Ln | 0.28mi | 3/2.0 | 1,652 (-2%) | 1mo | $228,000 | $138 | 83 |
| 11441 Walters Ave | 0.36mi | 3/2.0 | 1,611 (-4%) | 2mo | $195,000 | $121 | 74 |
| 10704 Cruces Dr | 0.54mi | 3/2.0 | 1,664 (-1%) | 3mo | $235,000 | $141 | 70 |
| 11608 Century Dr | 0.21mi | 3/2.0 | 1,886 (+12%) | 1mo | $227,500 | $121 | 70 |
| 11413 Roxboro Ave | 0.56mi | 3/2.0 | 1,640 (-3%) | 4mo | $225,000 | $137 | 66 |
| 11516 Walters Ave | 0.42mi | 3/2.0 | 1,525 (-10%) | 1mo | $215,000 | $141 | 64 |
| 8344 NW 109th Ter | 0.45mi | 3/2.0 | 1,798 (+7%) | 5mo | $237,000 | $132 | 64 |
| 11421 Wallace Ave | 0.46mi | 3/2.0 | 1,824 (+8%) | 2mo | $231,900 | $127 | 63 |
| 11407 Wallace Ave | 0.45mi | 3/2.0 | 1,517 (-10%) | 5mo | $225,000 | $148 | 58 |
| 12108 Sylvester Dr | 0.53mi | 4/2.0 (+1) | 1,858 (+10%) | 2mo | $249,000 | $134 | 52 |
| 8324 NW 118th St | 0.42mi | 4/2.0 (+1) | 1,921 (+14%) | 5mo | $246,000 | $128 | 48 |
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 · 5.59% rent growth · sell at horizon
- IRR
- 0.8%
- Equity multiple
- 1.03×
- Total profit
- $1,474
- Equity at exit
- $23,857
- IRR
- 12.9%
- Equity multiple
- 2.14×
- Total profit
- $51,198
- Equity at exit
- $13,834
Cash invested: $44,800 (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 73162
- Rents YoY
- 5.6%
- Active inventory
- 166
- Price-to-rent
- 7.4×
Monthly cashflow live
- Estimated rent
- $1,799 high interval (Pro) →
- Mortgage (P&I)
- −$839
- Tax from tax record
- −$161 /mo · $1,934/yr
- Insurance
- −$67
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$378
- Net cashflow
- $355
Break-even live
Sensitivity live
| Price | -10% $445 | -5% $400 | +0% $355 | +5% $309 | +10% $264 |
|---|---|---|---|---|---|
| Rent | -10% $212 | -5% $284 | +0% $355 | +5% $426 | +10% $497 |
| Rate | -1.0pp $435 | -0.5pp $395 | base $355 | +0.5pp $313 | +1.0pp $271 |
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
- $40,000
- Closing costs
- $4,800
- 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 |
|---|---|---|---|---|---|---|---|---|
| 8301 NW 112th St Oklahoma City, OK | 3.0 | 2.0 | 1720 | $1,625 | $0.94 | 24d | 1 | 0.15mi |
| 11629 Kings Cir Oklahoma City, OK | 4.0 | 2.0 | 2082 | $1,950 | $0.94 | 3d | 1 | 0.19mi |
| 8024 NW 110th Dr Oklahoma City, OK | 3.0 | 2.0 | 1445 | $1,695 | $1.17 | 24d | 1 | 0.41mi |
| 8016 NW 110th Dr Oklahoma City, OK | 3.0 | 2.0 | 1445 | $1,695 | $1.17 | 12d | 1 | 0.42mi |
| 8000 NW 110th Dr Oklahoma City, OK | 3.0 | 2.0 | 1445 | $1,745 | $1.21 | 15d | 1 | 0.43mi |
| 8609 NW 113th Ct Oklahoma City, OK | 3.0 | 2.0 | 1800 | $2,000 | $1.11 | 24d | 1 | 0.45mi |
| 10723 Lawson Place Rd Oklahoma City, OK | 3.0 | 2.0 | 1200 | $1,495 | $1.25 | 24d | 1 | 0.50mi |
| 12216 Sylvester Dr Oklahoma City, OK | 3.0 | 2.0 | 2052 | $1,845 | $0.90 | 24d | 1 | 0.54mi |
| 8012 NW 105th St Oklahoma City, OK | 3.0 | 2.0 | 1200 | $1,495 | $1.25 | 12d | 1 | 0.66mi |
| 10526 Utica Dr Oklahoma City, OK | 3.0 | 2.0 | 1200 | $1,545 | $1.29 | 24d | 1 | 0.67mi |
| 8816 NW 114th St Oklahoma City, OK | 3.0 | 2.0 | 2013 | $2,200 | $1.09 | 4d | 1 | 0.67mi |
| 10522 Harvest Moon Ave Oklahoma City, OK | 3.0 | 2.5 | 1500 | $1,395 | $0.93 | 24d | 1 | 0.69mi |
| 7501 NW 115th St Oklahoma City, OK | 3.0 | 2.0 | 1387 | $1,560 | $1.12 | 2d | 1 | 0.70mi |
| 8002 NW 105th Ter Unit A Oklahoma City, OK | 3.0 | 2.0 | 1200 | $1,495 | $1.25 | 15d | 1 | 0.71mi |
| 8027 NW 104th St Oklahoma City, OK | 2.0 | 2.0 | 1570 | $1,395 | $0.89 | 3d | 1 | 0.77mi |
| 8824 NW 109th Ln Oklahoma City, OK | 3.0 | 2.5 | 1520 | $1,745 | $1.15 | 24d | 1 | 0.77mi |
| 24 Redstone Blvd Oklahoma City, OK | 2.0 | 1.0–2.0 | 857 | $1,950 | $2.27 | 2d | 11 | 0.78mi |
| 11606 Mackenzie Way Yukon, OK | 3.0 | 2.0 | 1215 | $2,850 | $2.35 | 24d | 1 | 0.82mi |
| 11608 Mackenzie Way Yukon, OK | 3.0 | 2.5 | 1259 | $1,545 | $1.23 | 15d | 1 | 0.82mi |
| 11608 Mackenzie Way Yukon, OK | 3.0 | 2.5 | 1259 | $1,495 | $1.19 | 11d | 1 | 0.82mi |
| 11505 Mackenzie Way Yukon, OK | 3.0 | 2.0 | 1200 | $1,495 | $1.25 | 20d | 1 | 0.85mi |
| 8922 NW 109th Ter Oklahoma City, OK | 3.0 | 2.5 | 1412 | $1,600 | $1.13 | 24d | 1 | 0.85mi |
| 12008 Brinley Reign Dr Yukon, OK | 3.0 | 2.0 | 1382 | $1,850 | $1.34 | 24d | 1 | 0.90mi |
| 9113 NW 121st St Yukon, OK | 4.0 | 2.0 | 1650 | $1,986 | $1.20 | 24d | 1 | 1.08mi |
| 7136 NW 115th St Unit 7138 Oklahoma City, OK | 3.0 | 2.0 | 1489 | $1,325 | $0.89 | 24d | 1 | 1.10mi |
| 7137 NW 116th St Unit 7137 Oklahoma City, OK | 3.0 | 2.0 | 1465 | $1,350 | $0.92 | 24d | 1 | 1.11mi |
| 7420 NW 126th St Oklahoma City, OK | 3.0 | 2.0 | 1580 | $1,600 | $1.01 | 24d | 1 | 1.12mi |
| 9777 N Council Rd Oklahoma City, OK | 2.0 | 2.0 | 1086 | $1,319 | $1.21 | 24d | 1 | 1.13mi |
| 9777 N Council Rd Oklahoma City, OK | 2.0 | 2.0 | 1086 | $1,329 | $1.22 | 20d | 1 | 1.13mi |
| 9777 N Council Rd Oklahoma City, OK | 3.0 | 2.0 | 1178 | $1,499 | $1.27 | 20d | 1 | 1.13mi |
| 9777 N Council Rd Oklahoma City, OK | 3.0 | 2.0 | 1178 | $1,499 | $1.27 | 21d | 1 | 1.13mi |
| 9777 N Council Rd Oklahoma City, OK | 3.0 | 2.0 | 1421 | $1,539 | $1.08 | 16d | 1 | 1.13mi |
| 9017 NW 127th St Oklahoma City, OK | 3.0 | 2.0 | 1200 | $1,695 | $1.41 | 24d | 1 | 1.21mi |
| 12829 High Plains Ave Oklahoma City, OK | 3.0 | 2.5 | 2006 | $2,195 | $1.09 | 3d | 1 | 1.22mi |
| 9109 NW 127th St Oklahoma City, OK | 3.0 | 2.0 | 1400 | $1,845 | $1.32 | 21d | 1 | 1.25mi |
| 9109 NW 127th St Oklahoma City, OK | 3.0 | 2.0 | 1400 | $1,845 | $1.32 | 24d | 1 | 1.25mi |
| 12721 Cortona Ter Yukon, OK | 4.0 | 2.0 | 1650 | $2,095 | $1.27 | 24d | 1 | 1.28mi |
| 11620 Krew Way Yukon, OK | 4.0 | 2.0 | 1459 | $1,725 | $1.18 | 2d | 1 | 1.32mi |
| 11625 Krew Way Yukon, OK | 4.0 | 2.0 | 1459 | $1,595 | $1.09 | 4d | 1 | 1.35mi |
| 11628 Annette Dr Yukon, OK | 3.0 | 2.0 | 1248 | $1,555 | $1.25 | 24d | 1 | 1.37mi |
Listing history 7 events
-
2026-05-01status Pending
-
2026-04-27$160,000 Active
-
2001-06-22soldstatus $95,000
-
2001-06-14soldstatus $94,900 260-char remark
Show marketing remark (260 chars)
BEAUTIFUL CERAMIC TILE IN ENTRY AND MASTER BATH. GLASS SHOWER DOOR IN MASTER BATH PLUS HIS AND HER WALK-IN CLOSETS. SPACIOUS CATHEDRAL CEILING IN LIVING ROOM WITH FIREPLACE/BOOKSHELF. LOTS OF STORAGE SPACE. NEW EXTERIOR PAINT! HURRY! IT WON`T LAST LONG...
-
2001-04-01$94,900 260-char remark
Show marketing remark (260 chars)
BEAUTIFUL CERAMIC TILE IN ENTRY AND MASTER BATH. GLASS SHOWER DOOR IN MASTER BATH PLUS HIS AND HER WALK-IN CLOSETS. SPACIOUS CATHEDRAL CEILING IN LIVING ROOM WITH FIREPLACE/BOOKSHELF. LOTS OF STORAGE SPACE. NEW EXTERIOR PAINT! HURRY! IT WON`T LAST LONG...
-
1998-04-30soldstatus $84,000
-
1995-01-04soldstatus $67,113
ⓘ 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
- $1,934 · $161/mo
- Projected year-2 tax
- $1,934 · $161/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 3/10 Moderate
- Heat 6/10 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 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
- $21,593
- − Mortgage interest
- −$8,962
- − Property taxes
- −$1,934
- − Insurance
- −$800
- − Repairs & maintenance
- −$1,727
- − Management
- −$1,727
- − Depreciation
- −$4,655
- Taxable income
- $1,787
- Est. tax owed @ 24.0%
- −$429
- After-tax cash flow
- $3,827/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
- Putnam City
- NCES district ID
- 4025290
- Math proficiency
- 12% ▼ -18.00%
- Reading proficiency
- 16% ▼ -14.00%
- Median HH income
- $46,657
- Composite
- 12.61/100
- National rank
- #9614
- State rank
- #227 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)
- 28,728
- Household income
- $88,031
- Rent vs Own
- Severe rent burden
- 913.0
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 0.59)
- Race & ethnicity
- White 62% Black 14% Two or more races 11% Hispanic / Latino 8% Asian 6% Native American 2%
- Hispanic origin (detail)
- Mexican 5%
- Common ancestry
- Slovak 4% Italian 2% Serbian 1%
- Foreign-born
- 8% · Vietnam, Canada, China
- Languages at home
- 90% English-only · Spanish 4% Vietnamese 2% Other Asian/Pacific 1%
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
- ▼ -172.35%
- Current HPI
- 205.6639
- Rent YoY
- ▲ 5.59%
- 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
+138.4% since first listed7 events — show timeline
- 2026-05-01 Pending — MLSOK
- 2026-04-27 Listed $160,000 MLSOK
- 2001-06-22 Sold (Public Records) $95,000 Public Records
- 2001-06-14 Sold (MLS) $94,900 MLSOK
- 2001-04-01 Listed $94,900 MLSOK
- 1998-04-30 Sold (Public Records) $84,000 Public Records
- 1995-01-04 Sold (Public Records) $67,113 Public Records
Property tax history
+2.7%/yrLatest (2025): $1,934 · +3.9% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…