308 N Clayton Ave · Wynnewood, OK 73098

$165,000

3 bd · 2.0 ba · 1,644 sqft · SingleFamily public records · 70 Days on market

Built 1960 1.58 ac lot Est $181k · 9% under

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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).

• ARV discount +11.4/15.0
• Cash flow +9.2/30.0
• Appreciation +8.9/10.0
• Livability +3.1/5.0
• DSCR +2.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +2.2/10.0
• Schools +1.5/10.0

Listing remarks MLS

Investor Alert in Wynnewood – 2,220 SqFt (per Court House Records) on 1.58 Acres! This 4 bed, 2 bath home is packed with character and potential! Nestled on 1.58 tree-shaded acres, it’s the perfect flip, rental, or equity-building opportunity. Inside, you'll find a spacious living area, two skylights, vintage tile counters, wood paneling, and a bold checkered kitchen floor. The layout includes two full baths—one with double sinks—ready for your updates. Outside is where it gets even better: a detached 2-car garage with an extra kitchen setup, perfect for a guest suite, rental, or workshop. A stone walkway links the house to the garage, and the pipe fencing, multiple gates, and storm cellar add function and security. There's also plenty of parking for all your toys and tools. Snag this large home on a big lot and turn it into something amazing! HUD Home, Sold As-Is Case: # 421-504294

Key facts

• Butcher block top
• New flooring
• Gas 5-burner stove

Tags

• NEW ROOF
• NEW FLOORING
• FRESH INTERIOR PAINT
• FRESH EXTERIOR PAINT
• GAS 5-BURNER STOVE
• BUTCHER BLOCK TOP

Property features AI

Finance

• Other: Living area reported as 2,220 (assessor); Occupied by owner; Previous status: Pending, currently Active; Days on market: 41
• Financial info: Listing accepted: cash, conventional, FHA or VA; Not assumable
• HOA & community: No mandatory association dues

Exterior

• Parking: Gravel parking; 2-car garage
• Utilities: Homestead exempt (yes)
• Home design: Single family residence; One-level property; Residential property
• Construction: Frame construction; Composition roof (roof year 2026); Conventional foundation; Existing property
• Exterior features: Covered porch; Guest quarters; Chain link fencing; Below-ground storm shelter; Interior lot

Interior

• Kitchen: Free standing gas range/oven; Dishwasher
• Bedrooms: 4 bedrooms
• Flooring: Carpet; Laminate
• Bathrooms: 2 full bathrooms
• Heating & cooling: Electric heating
• Interior features: Ceiling fans; Window treatments; Smoke alarm

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $165k.

Deal economics

• At list price, monthly cash flow is $-123 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $143k (13.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $118k (28.2% below list).
• Recommended offer: $118k (28.2% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 62/100 on livability (#253 in OK) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment D, amenities F, commute F.
• Wynnewood (rural): math 13% / reading 22% proficiency, ranked #198 of 270 in OK (top 73%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Central Es (math 17% / reading 27%, grade F, #413 of 845 statewide, top 54%, 277 students, 0% FRL); Wynnewood Hs (math 5% / reading 24%, grade F, #332 of 447 statewide, top 78%, 210 students, 0% FRL) — zoned schools average 0% FRL vs 51% district-wide (51 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: 55 active listings in the ZIP; 1 units permitted in Garvin County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $14k of equity ($1k loan paydown + $13k appreciation (7.9% local appreciation)).
• Garvin County population projected at +8% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• By year 3, 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 70 days — a 6% lower offer ($155k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts; this cycle's ask has dropped $15k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $61k; list at $165k implies a 170% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: major 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 $118,404 (28.2% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 70 days. Have you received any prior offers? Is the seller open to a 28% concession, seller financing, or rate buy-down credit?
3. Built in 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. 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.
9. 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.
10. 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: 0.72% ✗
• Cap rate: 5.40%
• Cash-on-cash: -3.20%
• DSCR: 0.86
• GRM: 11.6

CMA / ARV

• ARV (on-the-fly): $180,840
• Comps found: 10

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1101 E Chickasaw St	0.33mi	3/2.0	1,621 (-1%)	14mo	$147,500	$91	71
704 E Seminole St	0.10mi	3/2.0	1,716 (+4%)	22mo	$182,500	$106	70
1002 N Carr Ave	0.49mi	4/2.5 (+1)	1,650 (+0%)	8mo	$195,000	$118	63
606 S Carr Ave	0.51mi	4/2.0 (+1)	1,659 (+1%)	17mo	$183,000	$110	56
1341 Alvera Ln	0.53mi	3/2.0	1,771 (+8%)	10mo	$254,000	$143	54
508 N Gardner	0.45mi	3/2.0	1,468 (-11%)	13mo	$106,000	$72	50
702 S Severs Ave	0.52mi	3/1.5	1,488 (-10%)	10mo	$130,000	$87	50
506 E Schmid St	0.59mi	3/2.0	1,569 (-5%)	21mo	$148,000	$94	47
908 E Schmid St	0.56mi	3/2.0	1,885 (+15%)	14mo	$209,900	$111	38
506 Eastgate Ave	0.55mi	4/1.0 (+1)	1,422 (-14%)	7mo	$163,000	$115	37

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

7.9% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 17.3%
• Equity multiple: 2.28×
• Total profit: $59,032
• Equity at exit: $124,223

10-year hold

• IRR: 16.5%
• Equity multiple: 4.83×
• Total profit: $176,999
• Equity at exit: $245,510

Cash invested: $46,200 (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 73098

• Home prices YoY: 2.9%
• Active inventory: 55
• Price-to-rent: 11.6×

Monthly cashflow live

• Estimated rent: $1,184 medium
• Mortgage (P&I): −$865
• Tax from tax record: −$124 /mo · $1,494/yr
• Insurance: −$69
• HOA: −$0
• Vacancy / Maint / Mgmt: −$249
• Net cashflow: $-123

Break-even live

Break-even rent $1,340

Max offer price $143,247

Occupancy floor —

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: $41,250
• Closing costs: $4,950
• Reserves months: —
• Total cash needed: —

Listing history 29 events

1. 2026-06-18
   days on market $165,000 Active 70 DOM
2. 2026-06-17
   days on market $165,000 Active 69 DOM
3. 2026-06-16
   days on market $165,000 Active 68 DOM
4. 2026-06-15
   days on market $165,000 Active 67 DOM
5. 2026-06-13
   days on market $165,000 Active 65 DOM
6. 2026-06-12
   days on market $165,000 Active 64 DOM
7. 2026-06-09
   days on market $165,000 Active 61 DOM
8. 2026-06-08
   days on market $165,000 Active 60 DOM
9. 2026-06-08
   pricedays on market $165,000 Active 59 DOM
10. 2026-06-07
    days on market $170,000 Active 58 DOM
11. 2026-06-04
    days on market $170,000 Active 55 DOM
12. 2026-06-02
    days on market $170,000 Active 54 DOM
13. 2026-06-01
    days on market $170,000 Active 53 DOM
14. 2026-05-31
    price $170,000 Active 52 DOM
15. 2026-05-31
    days on market $174,500 Active 52 DOM
16. 2026-05-14
    price $177,000
17. 2026-05-06
    status Active
18. 2026-04-28
    status Pending
19. 2026-04-01
    listed $180,000 Active
20. 2025-09-19
    soldstatus $61,000 Closed 927-char remark

    Show marketing remark (927 chars)

    Investor Alert in Wynnewood – 2,220 SqFt (per Court House Records) on 1.58 Acres! This 4 bed, 2 bath home is packed with character and potential! Nestled on 1.58 tree-shaded acres, it’s the perfect flip, rental, or equity-building opportunity. Inside, you'll find a spacious living area, two skylights, vintage tile counters, wood paneling, and a bold checkered kitchen floor. The layout includes two full baths—one with double sinks—ready for your updates. Outside is where it gets even better: a detached 2-car garage with an extra kitchen setup, perfect for a guest suite, rental, or workshop. A stone walkway links the house to the garage, and the pipe fencing, multiple gates, and storm cellar add function and security. There's also plenty of parking for all your toys and tools. Snag this large home on a big lot and turn it into something amazing! HUD Home, Sold As-Is Case: # 421-504294

21. 2025-07-28
    status Pending 927-char remark

    Show marketing remark (927 chars)

    Investor Alert in Wynnewood – 2,220 SqFt (per Court House Records) on 1.58 Acres! This 4 bed, 2 bath home is packed with character and potential! Nestled on 1.58 tree-shaded acres, it’s the perfect flip, rental, or equity-building opportunity. Inside, you'll find a spacious living area, two skylights, vintage tile counters, wood paneling, and a bold checkered kitchen floor. The layout includes two full baths—one with double sinks—ready for your updates. Outside is where it gets even better: a detached 2-car garage with an extra kitchen setup, perfect for a guest suite, rental, or workshop. A stone walkway links the house to the garage, and the pipe fencing, multiple gates, and storm cellar add function and security. There's also plenty of parking for all your toys and tools. Snag this large home on a big lot and turn it into something amazing! HUD Home, Sold As-Is Case: # 421-504294

22. 2025-07-20
    status Active 927-char remark

    Show marketing remark (927 chars)

    Investor Alert in Wynnewood – 2,220 SqFt (per Court House Records) on 1.58 Acres! This 4 bed, 2 bath home is packed with character and potential! Nestled on 1.58 tree-shaded acres, it’s the perfect flip, rental, or equity-building opportunity. Inside, you'll find a spacious living area, two skylights, vintage tile counters, wood paneling, and a bold checkered kitchen floor. The layout includes two full baths—one with double sinks—ready for your updates. Outside is where it gets even better: a detached 2-car garage with an extra kitchen setup, perfect for a guest suite, rental, or workshop. A stone walkway links the house to the garage, and the pipe fencing, multiple gates, and storm cellar add function and security. There's also plenty of parking for all your toys and tools. Snag this large home on a big lot and turn it into something amazing! HUD Home, Sold As-Is Case: # 421-504294

23. 2025-05-16
    status Pending 927-char remark

    Show marketing remark (927 chars)

    Investor Alert in Wynnewood – 2,220 SqFt (per Court House Records) on 1.58 Acres! This 4 bed, 2 bath home is packed with character and potential! Nestled on 1.58 tree-shaded acres, it’s the perfect flip, rental, or equity-building opportunity. Inside, you'll find a spacious living area, two skylights, vintage tile counters, wood paneling, and a bold checkered kitchen floor. The layout includes two full baths—one with double sinks—ready for your updates. Outside is where it gets even better: a detached 2-car garage with an extra kitchen setup, perfect for a guest suite, rental, or workshop. A stone walkway links the house to the garage, and the pipe fencing, multiple gates, and storm cellar add function and security. There's also plenty of parking for all your toys and tools. Snag this large home on a big lot and turn it into something amazing! HUD Home, Sold As-Is Case: # 421-504294

24. 2025-05-15
    status Active 927-char remark

    Show marketing remark (927 chars)

    Investor Alert in Wynnewood – 2,220 SqFt (per Court House Records) on 1.58 Acres! This 4 bed, 2 bath home is packed with character and potential! Nestled on 1.58 tree-shaded acres, it’s the perfect flip, rental, or equity-building opportunity. Inside, you'll find a spacious living area, two skylights, vintage tile counters, wood paneling, and a bold checkered kitchen floor. The layout includes two full baths—one with double sinks—ready for your updates. Outside is where it gets even better: a detached 2-car garage with an extra kitchen setup, perfect for a guest suite, rental, or workshop. A stone walkway links the house to the garage, and the pipe fencing, multiple gates, and storm cellar add function and security. There's also plenty of parking for all your toys and tools. Snag this large home on a big lot and turn it into something amazing! HUD Home, Sold As-Is Case: # 421-504294

25. 2025-04-22
    status Pending 927-char remark

    Show marketing remark (927 chars)

    Investor Alert in Wynnewood – 2,220 SqFt (per Court House Records) on 1.58 Acres! This 4 bed, 2 bath home is packed with character and potential! Nestled on 1.58 tree-shaded acres, it’s the perfect flip, rental, or equity-building opportunity. Inside, you'll find a spacious living area, two skylights, vintage tile counters, wood paneling, and a bold checkered kitchen floor. The layout includes two full baths—one with double sinks—ready for your updates. Outside is where it gets even better: a detached 2-car garage with an extra kitchen setup, perfect for a guest suite, rental, or workshop. A stone walkway links the house to the garage, and the pipe fencing, multiple gates, and storm cellar add function and security. There's also plenty of parking for all your toys and tools. Snag this large home on a big lot and turn it into something amazing! HUD Home, Sold As-Is Case: # 421-504294

26. 2025-04-18
    status Active 927-char remark

    Show marketing remark (927 chars)

    Investor Alert in Wynnewood – 2,220 SqFt (per Court House Records) on 1.58 Acres! This 4 bed, 2 bath home is packed with character and potential! Nestled on 1.58 tree-shaded acres, it’s the perfect flip, rental, or equity-building opportunity. Inside, you'll find a spacious living area, two skylights, vintage tile counters, wood paneling, and a bold checkered kitchen floor. The layout includes two full baths—one with double sinks—ready for your updates. Outside is where it gets even better: a detached 2-car garage with an extra kitchen setup, perfect for a guest suite, rental, or workshop. A stone walkway links the house to the garage, and the pipe fencing, multiple gates, and storm cellar add function and security. There's also plenty of parking for all your toys and tools. Snag this large home on a big lot and turn it into something amazing! HUD Home, Sold As-Is Case: # 421-504294

27. 2025-04-11
    status Pending 927-char remark

    Show marketing remark (927 chars)

    Investor Alert in Wynnewood – 2,220 SqFt (per Court House Records) on 1.58 Acres! This 4 bed, 2 bath home is packed with character and potential! Nestled on 1.58 tree-shaded acres, it’s the perfect flip, rental, or equity-building opportunity. Inside, you'll find a spacious living area, two skylights, vintage tile counters, wood paneling, and a bold checkered kitchen floor. The layout includes two full baths—one with double sinks—ready for your updates. Outside is where it gets even better: a detached 2-car garage with an extra kitchen setup, perfect for a guest suite, rental, or workshop. A stone walkway links the house to the garage, and the pipe fencing, multiple gates, and storm cellar add function and security. There's also plenty of parking for all your toys and tools. Snag this large home on a big lot and turn it into something amazing! HUD Home, Sold As-Is Case: # 421-504294

28. 2025-04-05
    listed $61,000 Active 927-char remark

    Show marketing remark (927 chars)

    Investor Alert in Wynnewood – 2,220 SqFt (per Court House Records) on 1.58 Acres! This 4 bed, 2 bath home is packed with character and potential! Nestled on 1.58 tree-shaded acres, it’s the perfect flip, rental, or equity-building opportunity. Inside, you'll find a spacious living area, two skylights, vintage tile counters, wood paneling, and a bold checkered kitchen floor. The layout includes two full baths—one with double sinks—ready for your updates. Outside is where it gets even better: a detached 2-car garage with an extra kitchen setup, perfect for a guest suite, rental, or workshop. A stone walkway links the house to the garage, and the pipe fencing, multiple gates, and storm cellar add function and security. There's also plenty of parking for all your toys and tools. Snag this large home on a big lot and turn it into something amazing! HUD Home, Sold As-Is Case: # 421-504294

29. 2011-12-22
    soldstatus $44,666

ⓘ 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: $1,494 · $124/mo
• Projected year-2 tax: $1,494 · $124/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 6/10 Major
• 🌡 Heat 6/10 Major 7 d/yr ≥109°F today · 19 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 9% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,208
• − Mortgage interest: −$9,243
• − Property taxes: −$1,494
• − Insurance: −$825
• − Repairs & maintenance: −$1,137
• − Management: −$1,137
• − Depreciation: −$4,800
• Taxable loss: −$4,426
• Est. tax savings @ 24.0%: +$1,062
• After-tax cash flow: $-415/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: Wynnewood
• NCES district ID: 4033300
• Math proficiency: 13% ▼ -7.00%
• Reading proficiency: 22% ▼ -2.00%
• Median HH income: $42,075
• Composite: 15.05/100
• National rank: #9352
• State rank: #198 of 270 in OK

Livability — Wynnewood

• Score: 62/100
• State rank: #253
• US rank: #16754

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Wynnewood, OK
• Population (ZIP): 3,382

Population outlook (Garvin County) Hauer SSP2

• Today (2025): 28,277 people
• By 2030: 28,619 · +1.2%
• By 2040: 29,478 · +4.2%
• By 2050: 30,384 · +7.5%
• By 2075: 34,074 · +20.5%
• By 2100: 36,099 · +27.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (74%)
• Race & ethnicity: White 74% Two or more races 14% Hispanic / Latino 9% Native American 3% Black 2%
• Hispanic origin (detail): Mexican 8%
• Common ancestry: Slovak 3% European 3% Serbian 2%
• Foreign-born: 4% · Canada
• Languages at home: 96% English-only · Spanish 3% German/W. Germanic 1%

Political lean MEDSL · Garvin

• 2024 margin: Solid R (+66.1) · D 16.4% · R 82.5% · Other 1.1%
• 2008→2024 swing: -22.5pp toward R · 2008: -43.6pp · 2024: -66.1pp
• All cycles: 2024: R+66.1 2020: R+64.2 2016: R+60.7 2012: R+46.1 2008: R+43.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 7.90%
• Current HPI: 280.5166
• Rent YoY: —
• Metro: —
• 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

+296.3% since first listed

14 events — show timeline

• 2026-05-14 Price Changed $177,000 MLSOK
• 2026-05-06 Relisted — MLSOK
• 2026-04-28 Pending — MLSOK
• 2026-04-01 Listed $180,000 MLSOK
• 2025-09-19 Sold (MLS) $61,000 MLS Technology, Inc.
• 2025-07-28 Pending — MLS Technology, Inc.
• 2025-07-20 Relisted — MLS Technology, Inc.
• 2025-05-16 Pending — MLS Technology, Inc.
• 2025-05-15 Relisted — MLS Technology, Inc.
• 2025-04-22 Pending — MLS Technology, Inc.
• 2025-04-18 Relisted — MLS Technology, Inc.
• 2025-04-11 Pending — MLS Technology, Inc.
• 2025-04-05 Listed $61,000 MLS Technology, Inc.
• 2011-12-22 Sold (Public Records) $44,666 Public Records

Property tax history

+11.0%/yr

Latest (2025): $1,494 · +80.2% YoY. Source: county tax records.