4416 S Wofford Ave · Del 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 1/10 · Minimal
- 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
- 4.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 3 days/yr
Risk factors via First Street. Map © Google.
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 +15.5/30.0
- ARV discount +10.8/15.0
- DSCR +4.8/10.0
- 1% rule +3.7/10.0
- Livability +3.2/5.0
- Rent growth +2.8/5.0
- Condition / age +2.5/5.0
- Schools +1.2/10.0
- Appreciation +0.0/10.0
$149,900
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
2nd living room is converted garage and not included in Square Footage above!! Large corner lot!! Home has new carpet, tile, paint, appliances and much more!! Close to Tinker Air Force Base!! See attachment for PAS requirements and WFHM offer submittal information in MLS document section.
Key facts
- Laminate flooring
- Converted garage
- Second living area
Tags
Property features AI
Finance
- Other: Located in Del Mar Hills addition; Homestead not indicated
- Financial info: Not assumable
- HOA & community: No mandatory association dues
Exterior
- Parking: Concrete driveway; 2-car garage
- Home design: Single family residence; One story; Residential property; Entry level: One
- Construction: Brick and frame construction; Composition roof (replaced/updated 2023); Slab foundation
- Exterior features: Open patio; Corner lot
Interior
- Bedrooms: 3 bedrooms
- Bathrooms: 1 full bath; 1 half bath
- Interior features: Two living areas; Masonry fireplace
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath single-family listed at $150k.
Deal economics
- At list price, monthly cash flow is $61 ($736/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 $130k (13.0% below list).
- Recommended offer: $130k (13.0% below list) — sets the bar for 1% rule.
Location & tenants
- Location reads 64/100 on livability (#180 in OK) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: health & safety C-, amenities D, crime F.
- Midwest City-Del City (suburban): math 10% / reading 17% proficiency, ranked #231 of 270 in OK (top 86%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
- Zoned schools: Townsend Es (math 8% / reading 17%, grade F, #652 of 845 statewide, top 79%, 459 students, 0% FRL); Del City Hs (math 5% / reading 15%, grade F, #361 of 447 statewide, top 94%, 1,158 students, 0% FRL) — zoned schools average 0% FRL vs 57% district-wide (57 pts lower); this property's tenant base skews higher-income than the district average.
- Market conditions: Rents rising (+1.3%/yr); 119 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 16d on market — plan ~3-4 weeks tenant-placement turnaround); 5,365 units permitted in Oklahoma County in 2024 (569 in 5+ unit buildings).
- This rent runs 33% of the median local income ($47k/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 $1k of loan paydown is wiped out by about $4k 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
- It's been on market 26 days — a 2% lower offer ($148k) 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 $64k; list at $150k implies a 134% 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
- Built in 1969 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- 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?
- 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?
- 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
- 0.87% ✗
- Cap rate
- 6.78%
- Cash-on-cash
- 1.75%
- DSCR
- 1.08
- GRM
- 9.6
CMA / ARV
- ARV (on-the-fly)
- $161,616
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 4321 Epperly Dr | 0.13mi | 3/2.0 | 1,075 (-2%) | 0mo | $155,000 | $144 | 91 |
| 4300 S Vickie Dr | 0.39mi | 3/1.5 | 1,074 (-2%) | 1mo | $177,700 | $165 | 76 |
| 4705 SE 42nd St | 0.39mi | 3/1.5 | 1,117 (+2%) | 1mo | $179,900 | $161 | 76 |
| 4201 Vickie Dr | 0.37mi | 2/1.5 (-1) | 1,097 (+0%) | 1mo | $170,000 | $155 | 74 |
| 4516 Lunow Dr | 0.50mi | 3/2.0 | 1,159 (+6%) | 1mo | $133,600 | $115 | 66 |
| 4712 Cherry Hill Ln | 0.37mi | 3/2.0 | 1,202 (+10%) | 2mo | $130,000 | $108 | 64 |
| 4617 SE 38th St | 0.50mi | 3/1.5 | 1,012 (-7%) | 0mo | $159,000 | $157 | 62 |
| 3917 Clendon Way | 0.72mi | 3/2.0 | 1,076 (-2%) | 2mo | $124,600 | $116 | 62 |
| 4769 Spiva Dr | 0.55mi | 3/1.5 | 1,016 (-7%) | 0mo | $180,000 | $177 | 60 |
| 4729 Meench Dr | 0.63mi | 3/1.5 | 1,027 (-6%) | 1mo | $135,000 | $131 | 58 |
| 4720 Meench Dr | 0.59mi | 3/1.5 | 981 (-10%) | 0mo | $140,000 | $143 | 53 |
| 3701 Veterans Ln | 0.65mi | 3/2.0 | 1,249 (+14%) | 0mo | $185,000 | $148 | 45 |
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 · 1.26% rent growth · sell at horizon
- IRR
- -15.4%
- Equity multiple
- 0.46×
- Total profit
- $-22,648
- Equity at exit
- $22,351
- IRR
- -10.0%
- Equity multiple
- 0.44×
- Total profit
- $-23,672
- Equity at exit
- $12,961
Cash invested: $41,972 (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
ZIP-level market 73115
- Home prices YoY
- -20.9%
- Rents YoY
- 1.3%
- Active inventory
- 119
- Price-to-rent
- 9.6×
Monthly cashflow live
- Estimated rent
- $1,305 high interval (Pro) →
- Mortgage (P&I)
- −$786
- Tax from tax record
- −$121 /mo · $1,449/yr
- Insurance
- −$62
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$274
- Net cashflow
- $61
Break-even live
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
- $37,475
- Closing costs
- $4,497
- 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 |
|---|---|---|---|---|---|---|---|---|
| 4600 Loch Ln Oklahoma City, OK | 2.0 | 1.0 | 834 | $1,195 | $1.43 | 20d | 1 | 0.27mi |
| 4721 SE 46th St Oklahoma City, OK | 3.0 | 2.0 | 1002 | $1,275 | $1.27 | 11d | 1 | 0.28mi |
| 4500 Cherry Hill Ln Oklahoma City, OK | 2.0 | 1.0 | 850 | $820 | $0.96 | 23d | 1 | 0.29mi |
| 4900 Sunny Ct Oklahoma City, OK | 3.0 | 2.0 | 1281 | $1,600 | $1.25 | 2d | 1 | 0.29mi |
| 4309 SE 48th Ter Oklahoma City, OK | 3.0 | 2.0 | 1458 | $1,525 | $1.05 | 1d | 1 | 0.31mi |
| 4702 Loch Ln Unit 4309 Oklahoma City, OK | 2.0 | 1.0 | 950 | $1,200 | $1.26 | 4d | 1 | 0.34mi |
| 4217 SE 48th Ter Oklahoma City, OK | 3.0 | 1.5 | 1043 | $1,295 | $1.24 | 23d | 1 | 0.35mi |
| 4700 SE 42nd St Oklahoma City, OK | 3.0 | 2.0 | 1130 | $1,400 | $1.24 | 23d | 1 | 0.35mi |
| 4104 SE 45th Ter Oklahoma City, OK | 4.0 | 1.5 | 1111 | $1,275 | $1.15 | 2d | 1 | 0.36mi |
| 4328 Edinburg Way Del City, OK | 3.0 | 2.0 | 1145 | $1,499 | $1.31 | 23d | 1 | 0.39mi |
| 4004 SE 45th Ter Oklahoma City, OK | 3.0 | 1.0 | 1006 | $995 | $0.99 | 23d | 1 | 0.42mi |
| 4900 S Dimple Dr Oklahoma City, OK | 3.0 | 1.5 | 1463 | $1,025 | $0.70 | 2d | 1 | 0.43mi |
| 4825 Eric Dr Oklahoma City, OK | 3.0 | 2.0 | 1488 | $1,695 | $1.14 | 14d | 1 | 0.44mi |
| 4016 SE 47th St Oklahoma City, OK | 3.0 | 1.5 | 1245 | $1,199 | $0.96 | 4d | 1 | 0.45mi |
| 4220 SE 49th St Oklahoma City, OK | 3.0 | 2.0 | 1223 | $1,175 | $0.96 | 23d | 1 | 0.46mi |
| 4101 SE 48th St Oklahoma City, OK | 3.0 | 1.0 | 974 | $1,245 | $1.28 | 16d | 1 | 0.46mi |
| 4008 SE 47th St Oklahoma City, OK | 3.0 | 1.5 | 1082 | $1,145 | $1.06 | 2d | 1 | 0.46mi |
| 3916 SE 46th St Oklahoma City, OK | 3.0 | 1.5 | 1220 | $1,295 | $1.06 | 23d | 1 | 0.49mi |
| 4917 S Karen St Oklahoma City, OK | 3.0 | 1.5 | 960 | $1,100 | $1.15 | 23d | 1 | 0.51mi |
| 4116 Overland Dr Oklahoma City, OK | 3.0 | 2.0 | 1363 | $1,500 | $1.10 | 1d | 1 | 0.53mi |
| 4700 Clendon Way Oklahoma City, OK | 3.0 | 2.0 | 1434 | $1,450 | $1.01 | 14d | 1 | 0.61mi |
| 4215 SE 53rd St Oklahoma City, OK | 1.0–2.0 | 1.0 | 769 | $915 | $1.19 | 23d | 1 | 0.63mi |
| 3741 SE 48th Pl Oklahoma City, OK | 3.0 | 2.0 | 1370 | $1,225 | $0.89 | 2d | 1 | 0.65mi |
| 3451 SE 44th St Unit 269 Del City, OK | 2.0 | 1.0 | 924 | $850 | $0.92 | 2d | 1 | 0.71mi |
| 3451 SE 44th St Oklahoma City, OK | 1.0–3.0 | 1.0–2.0 | 974 | $950 | $0.98 | 11d | 4 | 0.71mi |
| 5537 S Sunnylane Rd Oklahoma City, OK | 1.0–2.0 | 1.0–1.5 | 840 | $850 | $1.01 | 2d | 11 | 0.76mi |
| 3305 Neighbors Ln Oklahoma City, OK | 3.0 | 1.0 | 945 | $1,250 | $1.32 | 2d | 1 | 0.94mi |
| 4741 Ridgeway Dr Oklahoma City, OK | 2.0 | 1.0 | 615 | $850 | $1.38 | 2d | 7 | 0.95mi |
| 4638 SE 29th St Del City, OK | 2.0 | 1.0 | 1250 | $1,300 | $1.04 | 23d | 1 | 0.99mi |
| 4650 SE 29th St Del City, OK | 2.0 | 1.0 | 1100 | $900 | $0.82 | 23d | 1 | 1.00mi |
| 5707 SE 48th St Oklahoma City, OK | 1.0–3.0 | 1.0–2.0 | 899 | $1,363 | $1.52 | 1d | 6 | 1.00mi |
| 3224 Lazy Ln Oklahoma City, OK | 3.0 | 2.0 | 1440 | $1,300 | $0.90 | 23d | 1 | 1.01mi |
| 3925 SE 59th St Oklahoma City, OK | 2.0 | 1.5 | 993 | $1,211 | $1.22 | 21d | 1 | 1.08mi |
| 5010 Avion Ct Oklahoma City, OK | 3.0 | 2.0 | 1208 | $1,435 | $1.19 | 17d | 1 | 1.08mi |
| 4613 SE 28th St Del City, OK | 3.0 | 1.0 | 1056 | $1,255 | $1.19 | 2d | 1 | 1.09mi |
| 5024 Brookdale St Oklahoma City, OK | 3.0 | 1.5 | 1039 | $1,550 | $1.49 | 21d | 1 | 1.09mi |
| 4814 Kristie Dr Oklahoma City, OK | 2.0 | 1.0 | 825 | $895 | $1.08 | 23d | 1 | 1.11mi |
| 5316 S Briarwood Dr Oklahoma City, OK | 3.0 | 2.0 | 980 | $1,149 | $1.17 | 23d | 1 | 1.13mi |
| 5609 Evanbrook Ter Oklahoma City, OK | 3.0 | 2.0 | 1175 | $1,395 | $1.19 | 23d | 1 | 1.13mi |
| 5609 Evanbrook Ter Oklahoma City, OK | 3.0 | 2.0 | 1175 | $1,395 | $1.19 | 2d | 1 | 1.13mi |
Listing history 20 events
-
2026-06-18days on market $149,900 Active 26 DOM
-
2026-06-17days on market $149,900 Active 25 DOM
-
2026-06-16days on market $149,900 Active 24 DOM
-
2026-06-15days on market $149,900 Active 23 DOM
-
2026-06-13days on market $149,900 Active 21 DOM
-
2026-06-13days on market $149,900 Active 20 DOM
-
2026-06-09days on market $149,900 Active 17 DOM
-
2026-06-08days on market $149,900 Active 16 DOM
-
2026-06-07days on market $149,900 Active 15 DOM
-
2026-06-05days on market $149,900 Active 12 DOM
-
2026-06-03days on market $149,900 Active 11 DOM
-
2026-06-02days on market $149,900 Active 10 DOM
-
2026-06-01days on market $149,900 Active 9 DOM
-
2026-05-31days on market $149,900 Active 8 DOM
-
2026-05-23$149,900 Active
-
2015-01-14soldstatus $64,000 292-char remark
Show marketing remark (292 chars)
2nd living room is converted garage and not included in Square Footage above!! Large corner lot!! Home has new carpet, tile, paint, appliances and much more!! Close to Tinker Air Force Base!! See attachment for PAS requirements and WFHM offer submittal information in MLS document section.
-
2015-01-14soldstatus $64,000
Show marketing remark (292 chars)
2nd living room is converted garage and not included in Square Footage above!! Large corner lot!! Home has new carpet, tile, paint, appliances and much more!! Close to Tinker Air Force Base!! See attachment for PAS requirements and WFHM offer submittal information in MLS document section.
-
2014-11-04$64,500 292-char remark
Show marketing remark (292 chars)
2nd living room is converted garage and not included in Square Footage above!! Large corner lot!! Home has new carpet, tile, paint, appliances and much more!! Close to Tinker Air Force Base!! See attachment for PAS requirements and WFHM offer submittal information in MLS document section.
-
2006-03-21soldstatus $86,500
-
1976-11-01soldstatus $20,533
ⓘ 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
- $1,449 · $121/mo
- Projected year-2 tax
- $1,449 · $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 6/10 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 · 3 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
- $15,656
- − Mortgage interest
- −$8,397
- − Property taxes
- −$1,449
- − Insurance
- −$750
- − Repairs & maintenance
- −$1,252
- − Management
- −$1,252
- − Depreciation
- −$4,361
- Taxable loss
- −$1,805
- Est. tax savings @ 24.0%
- +$433
- After-tax cash flow
- $1,170/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
- Midwest City-Del City
- NCES district ID
- 4019950
- Math proficiency
- 10% ▼ -11.00%
- Reading proficiency
- 17% ▼ -8.00%
- Median HH income
- $45,724
- Composite
- 12.09/100
- National rank
- #9658
- State rank
- #231 of 270 in OK
Livability — Del City
- Score
- 64/100
- State rank
- #180
- US rank
- #14305
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Del City, OK
- County
- Oklahoma County · 771,644 people
- City population
- 20,225
- Metro
- Oklahoma City, OK
- Population (ZIP)
- 20,225
- Household income
- $46,810
- Rent vs Own
- Severe rent burden
- 965.0
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 0.69)
- Race & ethnicity
- White 50% Black 19% Hispanic / Latino 15% Two or more races 14% Native American 5% Asian 1%
- Hispanic origin (detail)
- Mexican 11% Puerto Rican 2%
- Common ancestry
- Italian 2% Lithuanian 1% Slovak 1%
- Foreign-born
- 4% · Canada
- Languages at home
- 91% English-only · Spanish 8%
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
- ▼ -71.80%
- Current HPI
- 271.8383
- Rent YoY
- ▲ 1.26%
- 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
+630.0% since first listed6 events — show timeline
- 2026-05-23 Listed $149,900 MLSOK
- 2015-01-14 Sold (Public Records) $64,000 Public Records
- 2015-01-14 Sold (MLS) $64,000 MLSOK
- 2014-11-04 Listed $64,500 MLSOK
- 2006-03-21 Sold (Public Records) $86,500 Public Records
- 1976-11-01 Sold (Public Records) $20,533 Public Records
Property tax history
+3.2%/yrLatest (2025): $1,449 · +2.8% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…