1625 E Broadway Ave · Enid, OK 73701

$120,000

2 bd · 2.0 ba · 1,590 sqft · SingleFamily public records · 57 Days on market

Built 1928

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Why this score? — see what drove the F 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 +10.1/30.0
• ARV discount +7.5/15.0
• Rent growth +3.3/5.0
• Livability +3.2/5.0
• DSCR +2.9/10.0
• 1% rule +2.8/10.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

If you are looking for a home with Historic Charm, this may be the one! This 3 Bedroom, 2 Bathroom home is located at 1625 E Broadway, Enid, OK. It features an open living/dining room and a Study/Den that opens into the living area with original hardwood floors. The main suite is located upstairs with a bathroom and walk in closet and an additional bonus space. Downstairs has 2 additional bedrooms and a bathroom with a sliding barn door. The kitchen has cement countertop and stainless appliances. Just off the kitchen is a laundry area, an open pantry and access to the backyard. The backyard is landscaped with an outdoor living space. The home also has a large covered front porch, a detached garage, a storage shed and a fenced backyard. Recent updates include: New hot water heater in 2022, and outdoor living space. This home is located close to downtown shopping, restaurants, and much more.

Key facts

• Garage
• Built 1928
• Listed 56 days

Property features AI

Exterior

• Parking: Detached 1-car garage
• Utilities: Public water; Public sewer
• Home design: Single-family residence; 2 stories
• Construction: Wood siding; Composition roof
• Exterior features: Chain link fence; Shed(s)

Interior

• Flooring: Hardwood
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (natural gas); Central air; Ceiling fan(s)
• Interior features: Hardwood floors; Fireplace (1); Unfinished basement

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $120k.

Deal economics

• At list price, monthly cash flow is $-71 ($-848/yr) — negative.
• To cash-flow at today's rent, offer at most $108k (10.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $93k (22.2% below list).
• Recommended offer: $93k (22.2% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 63/100 on livability (#212 in OK) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment C-, schools D-, crime F.
• Enid (town): math 19% / reading 22% proficiency, ranked #168 of 270 in OK (top 62%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 64% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+3.2%/yr); 79 active listings in the ZIP; 19 units permitted in Garfield County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $830 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Garfield County population projected at +27% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 57 days — a 3% lower offer ($116k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 4y 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

• Watch-outs: built in 1928 — expect roof / HVAC / electrical / plumbing capex.
• 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.

Recommended offer $93,417 (22.2% 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 57 days. Have you received any prior offers? Is the seller open to a 22% concession, seller financing, or rate buy-down credit?
3. Built in 1928 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
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: 0.78% ✗
• Cap rate: 5.59%
• Cash-on-cash: -2.52%
• DSCR: 0.89
• GRM: 10.7

CMA / ARV

• ARV (on-the-fly): $66,780
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1313 E Maine St	0.28mi	3/1.5 (+1)	1,536 (-3%)	7mo	$65,000	$42	69
111 S 14th St	0.21mi	3/2.5 (+1)	1,508 (-5%)	12mo	$110,000	$73	65
418 N 19th St	0.32mi	3/1.5 (+1)	1,586 (-0%)	16mo	$135,000	$85	64
1301 E Oklahoma Ave	0.38mi	2/1.0	1,680 (+6%)	8mo	$102,485	$61	62
1802 E Oak Ave	0.45mi	3/2.0 (+1)	1,659 (+4%)	7mo	$60,000	$36	61
1125 E Maine St	0.42mi	3/2.0 (+1)	1,516 (-5%)	8mo	$59,000	$39	61
2601 E Maine St	0.70mi	2/2.0	1,655 (+4%)	5mo	$64,000	$39	56
1915 E Maine Ave	0.24mi	3/1.0 (+1)	1,419 (-11%)	15mo	$48,000	$34	49
2101 E Randolph Ave	0.37mi	3/2.0 (+1)	1,808 (+14%)	11mo	$114,900	$64	45
2001 E Chestnut Ave	0.65mi	3/2.0 (+1)	1,426 (-10%)	6mo	$128,000	$90	43
822 E Maple Ave	0.71mi	3/2.0 (+1)	1,456 (-8%)	17mo	$21,000	$14	34
2014 E Chestnut Ave	0.69mi	2/1.0	1,357 (-15%)	8mo	$56,500	$42	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 · 3.16% rent growth · sell at horizon

5-year hold

• IRR: -20.3%
• Equity multiple: 0.29×
• Total profit: $-23,792
• Equity at exit: $17,892

10-year hold

• IRR: -13.1%
• Equity multiple: 0.23×
• Total profit: $-25,884
• Equity at exit: $10,375

Cash invested: $33,600 (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 73701

• Home prices YoY: -30.2%
• Rents YoY: 3.2%
• Active inventory: 79
• Price-to-rent: 10.7×

Monthly cashflow live

• Estimated rent: $934 medium
• Mortgage (P&I): −$629
• Tax from tax record: −$129 /mo · $1,552/yr
• Insurance: −$50
• HOA: −$0
• Vacancy / Maint / Mgmt: −$196
• Net cashflow: $-71

Break-even live

Break-even rent $1,024

Max offer price $107,523

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: $30,000
• Closing costs: $3,600
• Reserves months: —
• Total cash needed: —

Listing history 19 events

1. 2026-06-19
   days on market $120,000 Active 57 DOM
2. 2026-06-18
   days on market $120,000 Active 56 DOM
3. 2026-06-17
   days on market $120,000 Active 55 DOM
4. 2026-06-16
   days on market $120,000 Active 54 DOM
5. 2026-06-15
   days on market $120,000 Active 53 DOM
6. 2026-06-14
   days on market $120,000 Active 51 DOM
7. 2026-06-12
   days on market $120,000 Active 50 DOM
8. 2026-06-09
   days on market $120,000 Active 47 DOM
9. 2026-06-08
   days on market $120,000 Active 46 DOM
10. 2026-06-07
    days on market $120,000 Active 45 DOM
11. 2026-06-02
    days on market $120,000 Active 40 DOM
12. 2026-06-01
    days on market $120,000 Active 39 DOM
13. 2026-05-31
    days on market $120,000 Active 38 DOM
14. 2026-05-30
    days on market $120,000 Active 37 DOM
15. 2026-04-23
    listed $120,000 Active
16. 2022-06-24
    soldstatus $115,000
17. 2022-06-17
    soldstatus $115,000 902-char remark

    Show marketing remark (902 chars)

    If you are looking for a home with Historic Charm, this may be the one! This 3 Bedroom, 2 Bathroom home is located at 1625 E Broadway, Enid, OK. It features an open living/dining room and a Study/Den that opens into the living area with original hardwood floors. The main suite is located upstairs with a bathroom and walk in closet and an additional bonus space. Downstairs has 2 additional bedrooms and a bathroom with a sliding barn door. The kitchen has cement countertop and stainless appliances. Just off the kitchen is a laundry area, an open pantry and access to the backyard. The backyard is landscaped with an outdoor living space. The home also has a large covered front porch, a detached garage, a storage shed and a fenced backyard. Recent updates include: New hot water heater in 2022, and outdoor living space. This home is located close to downtown shopping, restaurants, and much more.

18. 2022-04-24
    listed $112,000 902-char remark

    Show marketing remark (902 chars)

    If you are looking for a home with Historic Charm, this may be the one! This 3 Bedroom, 2 Bathroom home is located at 1625 E Broadway, Enid, OK. It features an open living/dining room and a Study/Den that opens into the living area with original hardwood floors. The main suite is located upstairs with a bathroom and walk in closet and an additional bonus space. Downstairs has 2 additional bedrooms and a bathroom with a sliding barn door. The kitchen has cement countertop and stainless appliances. Just off the kitchen is a laundry area, an open pantry and access to the backyard. The backyard is landscaped with an outdoor living space. The home also has a large covered front porch, a detached garage, a storage shed and a fenced backyard. Recent updates include: New hot water heater in 2022, and outdoor living space. This home is located close to downtown shopping, restaurants, and much more.

19. 2018-07-07
    soldstatus $90,000

ⓘ 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: $1,552 · $129/mo
• Projected year-2 tax: $1,552 · $129/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 4/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥108°F today · 19 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 2% 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: $11,210
• − Mortgage interest: −$6,722
• − Property taxes: −$1,552
• − Insurance: −$600
• − Repairs & maintenance: −$897
• − Management: −$897
• − Depreciation: −$3,491
• Taxable loss: −$2,948
• Est. tax savings @ 24.0%: +$708
• After-tax cash flow: $-140/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: Enid
• NCES district ID: 4010920
• Math proficiency: 19% ▼ -11.00%
• Reading proficiency: 22% ▼ -9.00%
• Median HH income: $42,389
• Composite: 17.59/100
• National rank: #9040
• State rank: #168 of 270 in OK

Livability — Enid

• Score: 63/100
• State rank: #212
• US rank: #15472

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Enid, OK
• County: Garfield County · 55,032 people
• City population: 55,032
• Metro: Enid, OK
• Population (ZIP): 24,476
• Household income: $50,843
• Rent vs Own: 41.2% rent · 58.8% own
• Severe rent burden: 576.0

Population outlook (Garfield County) Hauer SSP2

• Today (2025): 69,026 people
• By 2030: 72,171 · +4.6%
• By 2040: 79,366 · +15.0%
• By 2050: 87,847 · +27.3%
• By 2075: 112,714 · +63.3%
• By 2100: 135,682 · +96.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.61)
• Race & ethnicity: White 58% Hispanic / Latino 22% Two or more races 11% Pacific Islander 10% Native American 4% Black 2%
• Hispanic origin (detail): Mexican 21%
• Common ancestry: Iranian 4% Lithuanian 2% Slovak 1%
• Foreign-born: 10% · Canada
• Languages at home: 79% English-only · Spanish 14% Other Asian/Pacific 6%

Political lean MEDSL · Garfield

• 2024 margin: Solid R (+53.8) · D 22.2% · R 76.0% · Other 1.8%
• 2008→2024 swing: -2.8pp toward R · 2008: -51.0pp · 2024: -53.8pp
• All cycles: 2024: R+53.8 2020: R+53.7 2016: R+53.5 2012: R+52.5 2008: R+51.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -73.42%
• Current HPI: 169.408
• Rent YoY: ▲ 3.16%
• Metro: Enid, 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

+33.3% since first listed

5 events — show timeline

• 2026-04-23 Listed $120,000 NWOAR
• 2022-06-24 Sold (Public Records) $115,000 Public Records
• 2022-06-17 Sold (MLS) $115,000 NWOAR
• 2022-04-24 Listed $112,000 NWOAR
• 2018-07-07 Sold (Public Records) $90,000 Public Records

Property tax history

+12.1%/yr

Latest (2025): $1,552 · +4.3% YoY. Source: county tax records.