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10624 Bellview Dr
C Composite 59.09
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 +20.3/30.0
  • ARV discount +14.5/15.0
  • DSCR +6.4/10.0
  • 1% rule +5.1/10.0
  • Rent growth +3.9/5.0
  • Livability +3.6/5.0
  • Schools +2.8/10.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$160,000

10624 Bellview Dr · Midwest City, OK 73130
3 bd · 1.0 ba · 1,264 sqft · SingleFamily public records · 50 Days on market
Built 1960 0.31 ac lot Est $190k · 16% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Looking for an investor special? Look no further than this charming home! Situated on a generous .6 acre lot, this property offers plenty of potential for those with a creative eye. The home itself features three bedrooms and one bathroom, with plenty of space to make your mark. While it does require some work to bring it up to its full potential, this property offers an excellent opportunity for someone looking to invest in a fixer-upper. One of the highlights of this property is the 30x30x12 shop with 6" slab and 150 amp electric, perfect for storing equipment or for use as a workshop. With a little work, this space could be transformed into a functional and productive area for any hobbyist or entrepreneur. Located in Midwest City, this property offers easy access to all of the amenities of city living while still maintaining a quiet and peaceful atmosphere. Property is being sold as is. Seller will make no repairs. Updated pics and scan coming soon

Key facts

  • 2023 roof
  • 2023 hvac
  • 30x30x12 shop

Tags

2023 HVAC2023 ROOFINDOOR LAUNDRY ROOM30X30X12 SHOP6 SLAB

Property features AI

Finance

  • Other: Homestead status: homestead eligible; Located in Pointon City 2nd Add
  • Financial info: Listing offered as-is; cash offers accepted; Not assumable
  • HOA & community: No mandatory association dues

Exterior

  • Utilities: Electricity available; Natural gas available; Private well available; Septic tank
  • Home design: Single family residence; One-story; Residential property; Existing construction
  • Construction: Brick and frame construction; Composition roof (replaced/updated 2023); Combination foundation
  • Exterior features: Covered porch; Outbuildings; Corner lot

Interior

  • Bedrooms: 3 bedrooms
  • Bathrooms: 1 full bathroom
  • Interior features: Ceiling fans

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/1.0-bath single-family listed at $160k.

Deal economics

  • At list price, monthly cash flow is $204 ($2k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $160k).
  • Recommended offer: $155k (3.0% below list) — sets the bar for market timing.
  • Cap rate 7.8% vs local median 5.6% in Midwest 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 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: Nicoma Park Intermediate Es (math 36% / reading 31%, grade F, #205 of 845 statewide, top 25%, 366 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; 19 comparable units currently listed for rent nearby; rentals leasing fast (median 6d on market — plan ~1-2 weeks tenant-placement turnaround); 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.

Negotiation context

  • It's been on market 50 days — a 3% lower offer ($155k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts since 14y 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.

Risks & watch-outs

  • Climate carrying-cost: extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $155,200 (3.0% below list)

Questions for the listing agent

  1. It's been on market 50 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  2. Built in 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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?
  5. 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?
  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
1.01%
Cap rate
7.83%
Cash-on-cash
5.47%
DSCR
1.24
GRM
8.3

CMA / ARV

ARV (on-the-fly)
$189,600
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
10624 Bellview Dr 0.00mi 3/1.0 1,264 (0%) 0mo $152,000 $120 100
938 Travis Ct 0.13mi 3/2.0 1,298 (+3%) 3mo $180,000 $139 83
10305 1/2 Saint Patrick Dr 0.40mi 3/2.0 1,304 (+3%) 1mo $245,000 $188 71
10545 Kristie Ln 0.10mi 3/2.0 1,324 (+5%) 18mo $200,000 $151 68
10344 Lejean Dr 0.27mi 3/1.0 1,113 (-12%) 1mo $62,000 $56 67
10813 SE 9th St 0.16mi 2/1.0 (-1) 1,103 (-13%) 6mo $165,000 $150 61
10529 Kristie Ln 0.13mi 3/2.0 1,386 (+10%) 19mo $199,900 $144 58
1317 Tara Dr 0.39mi 3/2.0 1,412 (+12%) 6mo $220,000 $156 53
700 S Friendly Rd 0.49mi 3/1.0 1,380 (+9%) 13mo $177,000 $128 51
608 S Friendly Rd 0.50mi 3/2.0 1,353 (+7%) 18mo $159,900 $118 46
10200 SE 14th St 0.64mi 3/1.5 1,187 (-6%) 17mo $230,000 $194 44
10235 Saint Patrick Dr 0.47mi 2/2.0 (-1) 1,150 (-9%) 24mo $190,000 $165 34

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
-4.9%
Equity multiple
0.81×
Total profit
$-8,368
Equity at exit
$23,857
10-year hold
IRR
7.7%
Equity multiple
1.65×
Total profit
$29,202
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
5-day notice; strongly landlord-favorable.

ZIP-level market 73130

Home prices YoY
-21.0%
Rents YoY
5.7%
Active inventory
167
Price-to-rent
8.3×

Monthly cashflow live

Estimated rent
$1,611 high interval (Pro) →
Mortgage (P&I)
$839
Tax from tax record
$163 /mo · $1,951/yr
Insurance
$67
HOA
$0
Vacancy / Maint / Mgmt
$338
Net cashflow
$204

Break-even live

Break-even rent $1,352
Max offer price $160,000
Occupancy floor 82%

Sensitivity live

Price -10% $295 -5% $250 +0% $204 +5% $159 +10% $114
Rent -10% $77 -5% $141 +0% $204 +5% $268 +10% $332
Rate -1.0pp $285 -0.5pp $245 base $204 +0.5pp $163 +1.0pp $121

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 19 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
10420 SE 21st St Oklahoma City, OK 3.0 2.0 1870 $1,485 $0.79 21d 1 0.98mi
1801 Pennington Cir Oklahoma City, OK 3.0 2.5 1831 $1,800 $0.98 3d 1 1.12mi
600 N Poplar Ln Oklahoma City, OK 3.0 2.0 1592 $1,749 $1.10 3d 1 1.14mi
9705 Oak Tree Ter Oklahoma City, OK 3.0 2.0 1100 $1,410 $1.28 12d 1 1.15mi
10701 SE 26th St Oklahoma City, OK 3.0 2.0 1598 $1,695 $1.06 3d 1 1.22mi
405 Lotus Ave Oklahoma City, OK 3.0 2.0 1300 $1,611 $1.24 3d 1 1.22mi
11703 Lorene Ave Oklahoma City, OK 3.0 2.0 1524 $1,650 $1.08 3d 1 1.34mi
11703 Lorene Ave Oklahoma City, OK 3.0 2.0 1524 $1,650 $1.08 12d 1 1.34mi
10800 SE 27th St Oklahoma City, OK 3.0 2.0 1577 $1,695 $1.07 17d 1 1.34mi
10831 NE 8th Ter Oklahoma City, OK 3.0 2.0 1704 $1,820 $1.07 25d 1 1.36mi
629 Lloyd Ave Oklahoma City, OK 4.0 1.5 1213 $1,095 $0.90 5d 1 1.39mi
9720 Railroad Oklahoma City, OK 3.0 2.0 1528 $1,595 $1.04 25d 1 1.42mi
217 Saint Charles Way Oklahoma City, OK 4.0 2.0 1448 $1,525 $1.05 25d 1 1.43mi
645 Lloyd Ave Oklahoma City, OK 4.0 1.5 1186 $1,650 $1.39 3d 1 1.43mi
2813 Josie Cir Unit 2811 Midwest City, OK 4.0 2.0 1814 $1,800 $0.99 3d 1 1.44mi
604 Moraine Ave Oklahoma City, OK 3.0 1.5 1181 $1,395 $1.18 3d 1 1.45mi
2813 Josie Cir Oklahoma City, OK 4.0 2.0 1814 $1,800 $0.99 22d 1 1.46mi
633 Lotus Ave Oklahoma City, OK 3.0 1.0 1038 $1,300 $1.25 12d 1 1.48mi
721 Lloyd Ave Oklahoma City, OK 4.0 2.5 1552 $1,500 $0.97 3d 1 1.49mi

Listing history 15 events

  1. 2026-06-07
    statusdays on market $160,000 Pending 50 DOM
  2. 2026-06-03
    days on market $160,000 Active 47 DOM
  3. 2026-06-02
    days on market $160,000 Active 46 DOM
  4. 2026-06-01
    days on market $160,000 Active 45 DOM
  5. 2026-05-31
    days on market $160,000 Active 44 DOM
  6. 2026-04-17
    listed $160,000 Active
  7. 2023-06-29
    soldstatus $150,000
  8. 2023-06-23
    soldstatus $150,000 Closed 970-char remark
    Show marketing remark (970 chars)

    Looking for an investor special? Look no further than this charming home! Situated on a generous .6 acre lot, this property offers plenty of potential for those with a creative eye. The home itself features three bedrooms and one bathroom, with plenty of space to make your mark. While it does require some work to bring it up to its full potential, this property offers an excellent opportunity for someone looking to invest in a fixer-upper. One of the highlights of this property is the 30x30x12 shop with 6" slab and 150 amp electric, perfect for storing equipment or for use as a workshop. With a little work, this space could be transformed into a functional and productive area for any hobbyist or entrepreneur. Located in Midwest City, this property offers easy access to all of the amenities of city living while still maintaining a quiet and peaceful atmosphere. Property is being sold as is. Seller will make no repairs. Updated pics and scan coming soon

  9. 2023-06-12
    status Pending 970-char remark
    Show marketing remark (970 chars)

    Looking for an investor special? Look no further than this charming home! Situated on a generous .6 acre lot, this property offers plenty of potential for those with a creative eye. The home itself features three bedrooms and one bathroom, with plenty of space to make your mark. While it does require some work to bring it up to its full potential, this property offers an excellent opportunity for someone looking to invest in a fixer-upper. One of the highlights of this property is the 30x30x12 shop with 6" slab and 150 amp electric, perfect for storing equipment or for use as a workshop. With a little work, this space could be transformed into a functional and productive area for any hobbyist or entrepreneur. Located in Midwest City, this property offers easy access to all of the amenities of city living while still maintaining a quiet and peaceful atmosphere. Property is being sold as is. Seller will make no repairs. Updated pics and scan coming soon

  10. 2023-06-03
    status Active 970-char remark
    Show marketing remark (970 chars)

    Looking for an investor special? Look no further than this charming home! Situated on a generous .6 acre lot, this property offers plenty of potential for those with a creative eye. The home itself features three bedrooms and one bathroom, with plenty of space to make your mark. While it does require some work to bring it up to its full potential, this property offers an excellent opportunity for someone looking to invest in a fixer-upper. One of the highlights of this property is the 30x30x12 shop with 6" slab and 150 amp electric, perfect for storing equipment or for use as a workshop. With a little work, this space could be transformed into a functional and productive area for any hobbyist or entrepreneur. Located in Midwest City, this property offers easy access to all of the amenities of city living while still maintaining a quiet and peaceful atmosphere. Property is being sold as is. Seller will make no repairs. Updated pics and scan coming soon

  11. 2023-05-22
    status Pending 970-char remark
    Show marketing remark (970 chars)

    Looking for an investor special? Look no further than this charming home! Situated on a generous .6 acre lot, this property offers plenty of potential for those with a creative eye. The home itself features three bedrooms and one bathroom, with plenty of space to make your mark. While it does require some work to bring it up to its full potential, this property offers an excellent opportunity for someone looking to invest in a fixer-upper. One of the highlights of this property is the 30x30x12 shop with 6" slab and 150 amp electric, perfect for storing equipment or for use as a workshop. With a little work, this space could be transformed into a functional and productive area for any hobbyist or entrepreneur. Located in Midwest City, this property offers easy access to all of the amenities of city living while still maintaining a quiet and peaceful atmosphere. Property is being sold as is. Seller will make no repairs. Updated pics and scan coming soon

  12. 2023-05-10
    listed $160,000 Active 970-char remark
    Show marketing remark (970 chars)

    Looking for an investor special? Look no further than this charming home! Situated on a generous .6 acre lot, this property offers plenty of potential for those with a creative eye. The home itself features three bedrooms and one bathroom, with plenty of space to make your mark. While it does require some work to bring it up to its full potential, this property offers an excellent opportunity for someone looking to invest in a fixer-upper. One of the highlights of this property is the 30x30x12 shop with 6" slab and 150 amp electric, perfect for storing equipment or for use as a workshop. With a little work, this space could be transformed into a functional and productive area for any hobbyist or entrepreneur. Located in Midwest City, this property offers easy access to all of the amenities of city living while still maintaining a quiet and peaceful atmosphere. Property is being sold as is. Seller will make no repairs. Updated pics and scan coming soon

  13. 2012-05-08
    soldstatus $93,000
  14. 2012-04-30
    soldstatus $93,000 182-char remark
    Show marketing remark (182 chars)

    This home sits on the corner and has 2 lots! 3 Bed 1 bath and 2 living areas. Great investment for first time buyers. Please come take a look and make this home yours! Great price!!!

  15. 2012-01-17
    listed $94,900 182-char remark
    Show marketing remark (182 chars)

    This home sits on the corner and has 2 lots! 3 Bed 1 bath and 2 living areas. Great investment for first time buyers. Please come take a look and make this home yours! Great price!!!

ⓘ 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
$1,951 · $163/mo
Projected year-2 tax
$1,951 · $163/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 2/10 Low
  • 🌡 Heat 6/10 Major 7 d/yr ≥107°F today · 20 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 · 2 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$19,331
− Mortgage interest
−$8,962
− Property taxes
−$1,951
− Insurance
−$800
− Repairs & maintenance
−$1,546
− Management
−$1,546
− Depreciation
−$4,655
Taxable loss
−$130
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$31
After-tax cash flow
$2,483/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

Price history

+68.6% since first listed
10 events — show timeline
  • 2026-04-17 Listed $160,000 MLSOK
  • 2023-06-29 Sold (Public Records) $150,000 Public Records
  • 2023-06-23 Sold (MLS) $150,000 MLSOK
  • 2023-06-12 Pending MLSOK
  • 2023-06-03 Relisted MLSOK
  • 2023-05-22 Pending MLSOK
  • 2023-05-10 Listed $160,000 MLSOK
  • 2012-05-08 Sold (Public Records) $93,000 Public Records
  • 2012-04-30 Sold (MLS) $93,000 MLSOK
  • 2012-01-17 Listed $94,900 MLSOK

Property tax history

+3.3%/yr

Latest (2025): $1,951 · +12.7% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…