12412 Jersey Rd · Midwest City, OK 73130

$224,900

3 bd · 2.0 ba · 1,647 sqft · SingleFamily public records · 5 Days on market

Built 1988 0.25 ac lot Est $236k · at est. $29/mo HOA · 2% of rent

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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 +15.0/30.0
• ARV discount +9.5/15.0
• DSCR +4.6/10.0
• Rent growth +3.9/5.0
• Livability +3.6/5.0
• 1% rule +3.3/10.0
• Schools +2.8/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Welcome home to this charming 3-bedroom, 2-bathroom single-story home tucked away in a quiet cul-de-sac in the desirable Eastwood Addition and Choctaw school district. This inviting property offers comfortable living spaces and a functional layout, perfect for everyday living and entertaining. Enjoy relaxing on the covered patio overlooking the backyard, with convenient access to the community walking trail just beyond the property. Residents also enjoy access to the neighborhood pool, providing the perfect place to cool off and connect with neighbors. Ideally located close to shopping, dining, schools, parks, and major highways, this home combines comfort, convenience, and community amenit

Key facts

• Close to schools
• Covered patio
• Close to dining

Tags

• COVERED PATIO
• COMMUNITY WALKING TRAIL
• NEIGHBORHOOD POOL
• CLOSE TO SHOPPING
• CLOSE TO DINING
• CLOSE TO SCHOOLS

Property features AI

Finance

• Other: Located in Eastwood subdivision (Eastwood Sec. 5 & 6 replat); No storm shelter; Manual geocode source; Directions: From S Anderson RD, turn right on E Reno Ave, left on Shapard Dr, left on Jersey Rd — home is in the cul-de-sac
• Financial info: Accepts cash, conventional, FHA or VA; Loan qualifying available
• HOA & community: Mandatory association dues; Association fee $350; Association covers greenbelt, common area maintenance, and pool

Exterior

• Parking: 2-car garage
• Utilities: Homestead exempt; Underground utilities (sprinkler); Public water and sewer (assumed)
• Home design: Single-family residence; One level; Residential property
• Construction: Frame with masonry veneer; Composition roof; Slab foundation; Built (existing)
• Exterior features: Covered patio; Porch; Rain gutters; Interior lot

Interior

• Bedrooms: 3 bedrooms
• Bathrooms: 2 full bathrooms
• Interior features: One living area; Gas log fireplace; Underground sprinkler system

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $225k.

Deal economics

• At list price, monthly cash flow is $68 ($819/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $187k (16.7% below list).
• Recommended offer: $187k (16.7% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 71/100 on livability (#30 in OK) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A; Watch: crime D+, employment D, amenities F.
• Choctaw-Nicoma Park (suburban): math 28% / reading 32% proficiency, ranked #48 of 270 in OK (top 18%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: L. W. Westfall Es (math 52% / reading 47%, grade D, #42 of 845 statewide, top 5%, 448 students, 0% FRL); Nicoma Park Ms (math 23% / reading 29%, grade F, #79 of 345 statewide, top 24%, 622 students, 0% FRL); Choctaw Hs (math 26% / reading 37%, grade F, #73 of 447 statewide, top 16%, 1,811 students, 0% FRL) — zoned schools average 0% FRL vs 34% district-wide (34 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: Rents rising fast (+5.7%/yr); 167 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals leasing fast (median 5d on market — plan ~1-2 weeks tenant-placement turnaround); 5,365 units permitted in Oklahoma County in 2024 (569 in 5+ unit buildings).
• This rent runs 32% of the median local income ($71k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k 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.

Negotiation context

• Only 5 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $93k; list at $225k implies a 142% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: moderate wildfire risk; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $187,435 (16.7% below list)

Questions for the listing agent

1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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 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?
5. 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?
6. 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.
7. 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.
8. 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: 0.83% ✗
• Cap rate: 6.66%
• Cash-on-cash: 1.30%
• DSCR: 1.06
• GRM: 10.0

CMA / ARV

• ARV (on-the-fly): $235,521
• Comps found: 8

Show comp detail 8 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
12424 Sussex Rd	0.07mi	3/2.0	1,655 (+0%)	9mo	$227,000	$137	88
104 Brook Ln	0.30mi	3/2.0	1,671 (+2%)	11mo	$240,000	$144	74
129 Chaucer Crescent St	0.23mi	3/2.0	1,742 (+6%)	14mo	$237,000	$136	68
393 Cambridge Rd	0.33mi	3/2.0	1,812 (+10%)	14mo	$285,000	$157	56
12304 Oxford Ct	0.30mi	3/2.5	1,765 (+7%)	23mo	$280,000	$159	53
213 N Tunbridge Rd	0.15mi	3/2.0	1,855 (+13%)	23mo	$250,000	$135	53
12855 Marshall St	0.53mi	3/2.0	1,752 (+6%)	16mo	$250,000	$143	52
206 Helm Dr	0.61mi	3/1.5	1,813 (+10%)	24mo	$154,000	$85	33

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 · 5.73% rent growth · sell at horizon

5-year hold

• IRR: -11.5%
• Equity multiple: 0.57×
• Total profit: $-26,869
• Equity at exit: $33,533

10-year hold

• IRR: 1.0%
• Equity multiple: 1.08×
• Total profit: $4,913
• Equity at exit: $19,445

Cash invested: $62,972 (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 73130

• Home prices YoY: -21.0%
• Rents YoY: 5.7%
• Active inventory: 167
• Price-to-rent: 10.0×

Monthly cashflow live

• Estimated rent: $1,874 medium
• Mortgage (P&I): −$1,179
• Tax from tax record: −$110 /mo · $1,325/yr
• Insurance: −$94
• HOA: −$29
• Vacancy / Maint / Mgmt: −$394
• Net cashflow: $68

Break-even live

Break-even rent $1,788

Max offer price $224,900

Occupancy floor 91%

Sensitivity live

Price	-10% $196	-5% $132	+0% $68	+5% $5	+10% $-59
Rent	-10% $-80	-5% $-6	+0% $68	+5% $142	+10% $216
Rate	-1.0pp $181	-0.5pp $125	base $68	+0.5pp $10	+1.0pp $-49

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: $56,225
• Closing costs: $6,747
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1604 Pennington Cir Oklahoma City, OK	4.0	2.0	1917	$1,945	$1.01	3d	1	1.39mi
12827 SE 19th St Choctaw, OK	3.0	2.0	1702	$1,675	$0.98	23d	1	1.44mi
13871 E Reno Ave Choctaw, OK	3.0	2.0	2053	$2,400	$1.17	4d	1	1.44mi
1801 Pennington Cir Oklahoma City, OK	3.0	2.5	1831	$1,800	$0.98	3d	1	1.47mi

HOA detail

• Monthly dues: $29 · $348/yr
• Likely covers: pool

Listing history 5 events

1. 2026-06-16
   status $224,900 Pending 5 DOM
2. 2026-06-15
   days on market $224,900 Active 5 DOM
3. 2026-06-13
   days on market $224,900 Active 3 DOM
4. 2026-06-13
   remarks 699-char remark
5. 2026-06-13
   listed $224,900 Active 2 DOM

ⓘ 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: $1,325 · $110/mo
• Projected year-2 tax: $2,024 · $169/mo
• Expected delta: +$699/yr (+$58/mo · 52.8%)

ⓘ 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 5/10 Major
• 🌡 Heat 5/10 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 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,492
• − Mortgage interest: −$12,598
• − Property taxes: −$1,325
• − Insurance: −$1,124
• − Repairs & maintenance: −$1,799
• − Management: −$1,799
• − HOA: −$348
• − Depreciation: −$6,543
• Taxable loss: −$3,044
• Est. tax savings @ 24.0%: +$731
• After-tax cash flow: $1,549/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: Choctaw-Nicoma Park
• NCES district ID: 4007620
• Math proficiency: 28% ▼ -10.00%
• Reading proficiency: 32% ▼ -12.00%
• Median HH income: $69,072
• Composite: 28.02/100
• National rank: #6847
• State rank: #48 of 270 in OK

Livability — Midwest City

• Score: 71/100
• State rank: #30
• US rank: #6637

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Midwest City, OK
• County: Oklahoma County · 771,644 people
• City population: 57,386
• Metro: Oklahoma City, OK
• Population (ZIP): 21,476
• Household income: $71,189
• Rent vs Own: 23.7% rent · 76.3% own
• Severe rent burden: 378.0

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 0.60)
• Race & ethnicity: White 60% Black 18% Two or more races 14% Hispanic / Latino 7% Asian 2% Native American 2%
• Hispanic origin (detail): Mexican 6%
• Common ancestry: Lithuanian 2% Slovak 2% Italian 2%
• Foreign-born: 3% · Canada
• Languages at home: 95% English-only · Spanish 3% Tagalog/Filipino 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: ▼ -65.22%
• Current HPI: 245.8385
• Rent YoY: ▲ 5.73%
• 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

+160.0% since first listed

3 events — show timeline

• 2026-06-10 Listed $224,900 MLSOK
• 1995-04-05 Sold (Public Records) $93,000 Public Records
• 1991-12-06 Sold (Public Records) $86,500 Public Records

Property tax history

-0.5%/yr

Latest (2025): $1,325 · +0.0% YoY. Source: county tax records.