2815 SW 39th St · Oklahoma 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 2/10 · 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 1/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 0 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 +15.3/30.0
- ARV discount +9.5/15.0
- DSCR +4.7/10.0
- 1% rule +4.2/10.0
- Livability +4.0/5.0
- Rent growth +2.8/5.0
- Condition / age +2.5/5.0
- Schools +0.7/10.0
- Appreciation +0.0/10.0
$120,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Remodeled 3 Bed | 1 Bath – Income Producing & Prime Location! Fully remodeled and move-in ready, this 3-bedroom, 1-bath home sits on a spacious lot in a convenient location just minutes from the airport, parks, shopping, and downtown. Inside, you’ll find updated flooring, fresh finishes, modern lighting, and a bright, functional layout. The kitchen offers stylish cabinetry and a practical design ideal for everyday living or hosting. The bathroom has been tastefully updated, and each bedroom provides comfortable space with great natural light. The oversized yard adds flexibility for entertaining, pets, or future expansion. Currently operating as a successful Airbnb with consistent bookings, this property offers immediate income potential. Due to active reservations, showings require flexibility and advance notice. Clean. Updated. Income-producing. A smart opportunity in a strong location! Please call to schedule a personal tour!
Key facts
- Stylish cabinetry
- Oversized yard
- Income producing
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $120k.
Deal economics
- At list price, monthly cash flow is $45 ($536/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 $111k (7.8% below list).
- Recommended offer: $109k (9.0% below list) — sets the bar for market timing.
- Cap rate 6.7% vs local median 3.7% in Oklahoma 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 80/100 on livability (#3 in OK, #1,635 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, cost of living A+; Watch: crime F.
- Oklahoma City (urban): math 7% / reading 10% proficiency, ranked #254 of 270 in OK (top 94%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 82% free/reduced lunch — lower-income household profile, screen leases tightly.
- Zoned schools: Van Buren Es (math 12% / reading 12%, grade F, #667 of 845 statewide, top 82%, 356 students, 0% FRL); Jefferson Ms (math 2% / reading 5%, grade F, #330 of 345 statewide, top 96%, 919 students, 0% FRL); U. S. Grant Hs (math 2% / reading 7%, grade F, #442 of 447 statewide, top 99%, 1,594 students, 0% FRL) — zoned schools average 0% FRL vs 82% district-wide (82 pts lower); this property's tenant base skews higher-income than the district average.
- Market conditions: Rents rising (+1.1%/yr); 95 active listings in the ZIP; 35 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 49% of comp listings sitting > 30 days — soft ceiling on asking rent; 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 $830 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 116 days — a 9% lower offer ($109k) is reasonable based on typical stale-listing flexibility.
- 4 sale attempts 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 $60k; list at $120k implies a 100% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1951 — 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.
Questions for the listing agent
- It's been on market 116 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
- Built in 1951 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- 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
- 0.92% ✗
- Cap rate
- 6.74%
- Cash-on-cash
- 1.60%
- DSCR
- 1.07
- GRM
- 9.0
CMA / ARV
- ARV (median comp)
- $125,524
- List price
- $120,000
- Delta
- -4.40%
- Verdict
- FAIR
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 2905 SW 40th St | 0.15mi | 3/1.0 | 892 (+4%) | 2mo | $140,000 | $157 | 84 |
| 2828 SW 35th St | 0.22mi | 2/1.0 (-1) | 825 (-3%) | 1mo | $137,500 | $167 | 78 |
| 3108 SW 46th St | 0.61mi | 3/1.0 | 840 (-2%) | 2mo | $140,000 | $167 | 67 |
| 3328 SW 42nd St | 0.73mi | 3/1.0 | 848 (-1%) | 2mo | $150,000 | $177 | 63 |
| 2633 Texoma Dr | 0.62mi | 3/1.0 | 884 (+4%) | 3mo | $156,800 | $177 | 63 |
| 2709 SW 31st St | 0.53mi | 2/1.0 (-1) | 826 (-3%) | 5mo | $32,000 | $39 | 61 |
| 3101 SW 45th St | 0.52mi | 2/1.0 (-1) | 907 (+6%) | 2mo | $151,500 | $167 | 59 |
| 2520 SW 45th St | 0.53mi | 3/1.0 | 935 (+10%) | 0mo | $129,750 | $139 | 59 |
| 2948 SW 49th St | 0.74mi | 3/1.0 | 875 (+2%) | 4mo | $115,000 | $131 | 58 |
| 3225 SW 46th St | 0.68mi | 2/1.0 (-1) | 864 (+1%) | 8mo | $135,500 | $157 | 55 |
| 2408 SW 45th St | 0.65mi | 3/1.0 | 927 (+8%) | 8mo | $113,000 | $122 | 49 |
| 3224 SW 47th St | 0.74mi | 2/2.0 (-1) | 840 (-2%) | 7mo | $125,000 | $149 | 48 |
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 · 1.13% rent growth · sell at horizon
- IRR
- -15.9%
- Equity multiple
- 0.45×
- Total profit
- $-18,627
- Equity at exit
- $17,892
- IRR
- -11.1%
- Equity multiple
- 0.39×
- Total profit
- $-20,564
- 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
ZIP-level market 73119
- Home prices YoY
- -14.4%
- Rents YoY
- 1.1%
- Active inventory
- 95
- Price-to-rent
- 9.0×
Monthly cashflow live
- Estimated rent
- $1,106 high interval (Pro) →
- Mortgage (P&I)
- −$629
- Tax est. 1.5%
- −$150 /mo · $1,800/yr
- Insurance
- −$50
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$232
- Net cashflow
- $45
Break-even live
Sensitivity live
| Price | -10% $128 | -5% $86 | +0% $45 | +5% $3 | +10% $-38 |
|---|---|---|---|---|---|
| Rent | -10% $-43 | -5% $1 | +0% $45 | +5% $88 | +10% $132 |
| Rate | -1.0pp $105 | -0.5pp $75 | base $45 | +0.5pp $14 | +1.0pp $-18 |
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
- —
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 35 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 2640 SW 38th St Oklahoma City, OK | 3.0 | 2.0 | 944 | $1,050 | $1.11 | 4d | 1 | 0.21mi |
| 2336 SW Grand Blvd Oklahoma City, OK | 2.0 | 1.0 | 770 | $995 | $1.29 | 45d | 1 | 0.57mi |
| 2741 SW Murray Dr Oklahoma City, OK | 3.0 | 1.0 | 949 | $1,395 | $1.47 | 3d | 1 | 0.67mi |
| 2921 SW 28th St Oklahoma City, OK | 3.0 | 1.0 | 1125 | $1,490 | $1.32 | 45d | 1 | 0.73mi |
| 2812 SW 48th St Oklahoma City, OK | 4.0 | 1.0 | 840 | $1,350 | $1.61 | 21d | 1 | 0.74mi |
| 2500 SW 48th St Oklahoma City, OK | 2.0 | 1.0 | 1096 | $1,050 | $0.96 | 45d | 1 | 0.76mi |
| 2412 SW 47th St Oklahoma City, OK | 3.0 | 1.0 | 638 | $1,150 | $1.80 | 25d | 1 | 0.76mi |
| 2140 SW 35th St Oklahoma City, OK | 3.0 | 2.0 | 976 | $1,300 | $1.33 | 45d | 1 | 0.83mi |
| 2801 SW 51st St Oklahoma City, OK | 2.0 | 1.0 | 840 | $1,025 | $1.22 | 3d | 1 | 0.83mi |
| 2119 SW 39th St Oklahoma City, OK | 1.0–2.0 | 1.0 | 675 | $909 | $1.35 | 45d | 1 | 0.83mi |
| 2128 SW 41st St Oklahoma City, OK | 2.0 | 1.0 | 860 | $820 | $0.95 | 4d | 1 | 0.84mi |
| 4330 S Barnes Ave Oklahoma City, OK | 1.0–3.0 | 1.0–2.0 | 860 | $1,099 | $1.28 | 5d | 9 | 0.86mi |
| 3120 S Woodward Ave Oklahoma City, OK | 2.0 | 1.0 | 740 | $800 | $1.08 | 4d | 1 | 0.87mi |
| 3128 SW 27th St Oklahoma City, OK | 2.0 | 1.0 | 740 | $880 | $1.19 | 4d | 1 | 0.88mi |
| 3430 SW 29th Pl Unit 3430 Oklahoma City, OK | 3.0 | 1.0 | 760 | $850 | $1.12 | 45d | 1 | 0.98mi |
| 3500 SW 29th Pl Oklahoma City, OK | 2.0 | 1.0 | 800 | $695 | $0.87 | 45d | 1 | 1.03mi |
| 2741 SW 54th Pl Oklahoma City, OK | 3.0 | 2.0 | 1059 | $1,249 | $1.18 | 3d | 1 | 1.05mi |
| 3100 Dumas Ln Apt 28 Oklahoma City, OK | 2.0 | 1.0 | 800 | $695 | $0.87 | 18d | 1 | 1.06mi |
| 3301 S Saint Clair Ave Oklahoma City, OK | 2.0 | 1.0 | 560 | $725 | $1.29 | 4d | 1 | 1.07mi |
| 5617 S May Ave Oklahoma City, OK | 1.0–3.0 | 1.5 | 1000 | $926 | $0.93 | 25d | 1 | 1.15mi |
| 3800 SW 42nd St Oklahoma City, OK | 2.0 | 1.0 | 790 | $895 | $1.13 | 45d | 1 | 1.25mi |
| 3801 SW 43rd St Oklahoma City, OK | 2.0 | 1.0 | 720 | $925 | $1.28 | 45d | 1 | 1.25mi |
| 2904 S Portland Ave Oklahoma City, OK | 3.0 | 1.0 | 1000 | $1,150 | $1.15 | 45d | 1 | 1.30mi |
| 5901 S May Ave Unit 006 Oklahoma City, OK | 2.0 | 2.0 | 859 | $949 | $1.10 | 45d | 1 | 1.32mi |
| 5901 S May Ave Unit 090 Oklahoma City, OK | 2.0 | 2.0 | 859 | $945 | $1.10 | 45d | 1 | 1.32mi |
| 5901 S May Ave Unit 086 LI Oklahoma City, OK | 2.0 | 2.0 | 859 | $945 | $1.10 | 22d | 1 | 1.32mi |
| 5901 S May Ave Unit 089 VLI Oklahoma City, OK | 2.0 | 2.0 | 859 | $999 | $1.16 | 45d | 1 | 1.32mi |
| 5901 S May Ave Apt 55 Oklahoma City, OK | 2.0 | 2.0 | 859 | $995 | $1.16 | 45d | 1 | 1.32mi |
| 5901 S May Ave Unit 058- Up Oklahoma City, OK | 2.0 | 2.0 | 859 | $945 | $1.10 | 3d | 1 | 1.32mi |
| 5901 S May Ave Apt 38 Oklahoma City, OK | 2.0 | 2.0 | 859 | $1,288 | $1.50 | 45d | 1 | 1.32mi |
| 5901 S May Ave Unit 105 Oklahoma City, OK | 2.0 | 2.0 | 859 | $995 | $1.16 | 3d | 1 | 1.32mi |
| 1329 SW Grand Blvd Oklahoma City, OK | 2.0 | 1.0 | 858 | $1,050 | $1.22 | 45d | 1 | 1.34mi |
| 2922 SW 19th St Oklahoma City, OK | 3.0 | 1.0 | 1056 | $1,350 | $1.28 | 4d | 1 | 1.35mi |
| 5901 S May Ave Unit 004 VLI Up Oklahoma City, OK | 2.0 | 2.0 | 859 | $986 | $1.15 | 45d | 1 | 1.36mi |
| 3200 SW 20th St Oklahoma City, OK | 3.0 | 1.0 | 1032 | $1,000 | $0.97 | 22d | 1 | 1.37mi |
Listing history 25 events
-
2026-06-21days on market $120,000 Active 116 DOM
-
2026-06-18days on market $120,000 Active 113 DOM
-
2026-06-17days on market $120,000 Active 112 DOM
-
2026-06-16days on market $120,000 Active 111 DOM
-
2026-06-15days on market $120,000 Active 110 DOM
-
2026-06-13days on market $120,000 Active 108 DOM
-
2026-06-09days on market $120,000 Active 104 DOM
-
2026-06-08days on market $120,000 Active 103 DOM
-
2026-06-07days on market $120,000 Active 102 DOM
-
2026-06-05days on market $120,000 Active 99 DOM
-
2026-06-03days on market $120,000 Active 98 DOM
-
2026-06-02days on market $120,000 Active 97 DOM
-
2026-06-01days on market $120,000 Active 96 DOM
-
2026-05-31days on market $120,000 Active 95 DOM
-
2026-03-21price $120,000 959-char remark
Show marketing remark (959 chars)
Remodeled 3 Bed | 1 Bath – Income Producing & Prime Location! Fully remodeled and move-in ready, this 3-bedroom, 1-bath home sits on a spacious lot in a convenient location just minutes from the airport, parks, shopping, and downtown. Inside, you’ll find updated flooring, fresh finishes, modern lighting, and a bright, functional layout. The kitchen offers stylish cabinetry and a practical design ideal for everyday living or hosting. The bathroom has been tastefully updated, and each bedroom provides comfortable space with great natural light. The oversized yard adds flexibility for entertaining, pets, or future expansion. Currently operating as a successful Airbnb with consistent bookings, this property offers immediate income potential. Due to active reservations, showings require flexibility and advance notice. Clean. Updated. Income-producing. A smart opportunity in a strong location! Please call to schedule a personal tour!
-
2026-02-25$125,000 Active 959-char remark
Show marketing remark (959 chars)
Remodeled 3 Bed | 1 Bath – Income Producing & Prime Location! Fully remodeled and move-in ready, this 3-bedroom, 1-bath home sits on a spacious lot in a convenient location just minutes from the airport, parks, shopping, and downtown. Inside, you’ll find updated flooring, fresh finishes, modern lighting, and a bright, functional layout. The kitchen offers stylish cabinetry and a practical design ideal for everyday living or hosting. The bathroom has been tastefully updated, and each bedroom provides comfortable space with great natural light. The oversized yard adds flexibility for entertaining, pets, or future expansion. Currently operating as a successful Airbnb with consistent bookings, this property offers immediate income potential. Due to active reservations, showings require flexibility and advance notice. Clean. Updated. Income-producing. A smart opportunity in a strong location! Please call to schedule a personal tour!
-
2025-08-01soldstatus $60,000
-
2025-07-31soldstatus $60,000 Closed 657-char remark
Show marketing remark (657 chars)
Unlock the potential of this 3-bedroom, 1-bathroom home in the heart of Oklahoma City! With 854 square feet of living space, this property is the perfect canvas for your next investment project—whether you're expanding your rental portfolio or seeking your next flip opportunity. Featuring a functional layout and solid bones, this home is ready for a fresh vision. Located in a convenient area with easy access to local amenities, schools, and major highways, it’s an ideal spot for future tenants or resale. Opportunities like this don’t come around every day—bring your creativity and turn this hidden gem into a profitable asset.
-
2025-07-01status Pending 657-char remark
Show marketing remark (657 chars)
Unlock the potential of this 3-bedroom, 1-bathroom home in the heart of Oklahoma City! With 854 square feet of living space, this property is the perfect canvas for your next investment project—whether you're expanding your rental portfolio or seeking your next flip opportunity. Featuring a functional layout and solid bones, this home is ready for a fresh vision. Located in a convenient area with easy access to local amenities, schools, and major highways, it’s an ideal spot for future tenants or resale. Opportunities like this don’t come around every day—bring your creativity and turn this hidden gem into a profitable asset.
-
2025-06-10status Active 657-char remark
Show marketing remark (657 chars)
Unlock the potential of this 3-bedroom, 1-bathroom home in the heart of Oklahoma City! With 854 square feet of living space, this property is the perfect canvas for your next investment project—whether you're expanding your rental portfolio or seeking your next flip opportunity. Featuring a functional layout and solid bones, this home is ready for a fresh vision. Located in a convenient area with easy access to local amenities, schools, and major highways, it’s an ideal spot for future tenants or resale. Opportunities like this don’t come around every day—bring your creativity and turn this hidden gem into a profitable asset.
-
2025-06-02status Pending 657-char remark
Show marketing remark (657 chars)
Unlock the potential of this 3-bedroom, 1-bathroom home in the heart of Oklahoma City! With 854 square feet of living space, this property is the perfect canvas for your next investment project—whether you're expanding your rental portfolio or seeking your next flip opportunity. Featuring a functional layout and solid bones, this home is ready for a fresh vision. Located in a convenient area with easy access to local amenities, schools, and major highways, it’s an ideal spot for future tenants or resale. Opportunities like this don’t come around every day—bring your creativity and turn this hidden gem into a profitable asset.
-
2025-04-18status Active 657-char remark
Show marketing remark (657 chars)
Unlock the potential of this 3-bedroom, 1-bathroom home in the heart of Oklahoma City! With 854 square feet of living space, this property is the perfect canvas for your next investment project—whether you're expanding your rental portfolio or seeking your next flip opportunity. Featuring a functional layout and solid bones, this home is ready for a fresh vision. Located in a convenient area with easy access to local amenities, schools, and major highways, it’s an ideal spot for future tenants or resale. Opportunities like this don’t come around every day—bring your creativity and turn this hidden gem into a profitable asset.
-
2025-03-31status Pending 657-char remark
Show marketing remark (657 chars)
Unlock the potential of this 3-bedroom, 1-bathroom home in the heart of Oklahoma City! With 854 square feet of living space, this property is the perfect canvas for your next investment project—whether you're expanding your rental portfolio or seeking your next flip opportunity. Featuring a functional layout and solid bones, this home is ready for a fresh vision. Located in a convenient area with easy access to local amenities, schools, and major highways, it’s an ideal spot for future tenants or resale. Opportunities like this don’t come around every day—bring your creativity and turn this hidden gem into a profitable asset.
-
2025-03-27$79,900 Active 657-char remark
Show marketing remark (657 chars)
Unlock the potential of this 3-bedroom, 1-bathroom home in the heart of Oklahoma City! With 854 square feet of living space, this property is the perfect canvas for your next investment project—whether you're expanding your rental portfolio or seeking your next flip opportunity. Featuring a functional layout and solid bones, this home is ready for a fresh vision. Located in a convenient area with easy access to local amenities, schools, and major highways, it’s an ideal spot for future tenants or resale. Opportunities like this don’t come around every day—bring your creativity and turn this hidden gem into a profitable asset.
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1980-06-01soldstatus $26,500
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
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 · 19 d/yr by 30 yrs out
- Wind 2/10 Low 4% chance of damaging wind over 30 yrs
- Air quality 1/10 Low 0 unhealthy d/yr today · 0 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
- $13,275
- − Mortgage interest
- −$6,722
- − Property taxes
- −$1,800
- − Insurance
- −$600
- − Repairs & maintenance
- −$1,062
- − Management
- −$1,062
- − Depreciation
- −$3,491
- Taxable loss
- −$1,461
- Est. tax savings @ 24.0%
- +$351
- After-tax cash flow
- $887/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
- Oklahoma City
- NCES district ID
- 4022770
- Math proficiency
- 7% ▼ -5.00%
- Reading proficiency
- 10% ▼ -6.00%
- Median HH income
- $35,606
- Composite
- 7.0/100
- National rank
- #9970
- State rank
- #254 of 270 in OK
Livability — Oklahoma City
- Score
- 80/100
- State rank
- #3
- US rank
- #1635
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Oklahoma City, OK
- County
- Oklahoma County · 771,644 people
- City population
- 498,656
- Metro
- Oklahoma City, OK
- Population (ZIP)
- 30,398
- Household income
- $45,421
- Rent vs Own
- Severe rent burden
- 1221.0
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
- Majority Hispanic (63%)
- Race & ethnicity
- Hispanic / Latino 63% Two or more races 24% White 24% Native American 7% Black 6%
- Hispanic origin (detail)
- Mexican 58%
- Common ancestry
- Slovak 1% Lithuanian 1%
- Foreign-born
- 28% · Canada
- Languages at home
- 45% English-only · Spanish 54%
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
- ▼ -50.15%
- Current HPI
- 297.1117
- Rent YoY
- ▲ 1.13%
- 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 |
|
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Price history
+352.8% since first listed11 events — show timeline
- 2026-03-21 Price Changed $120,000 MLSOK
- 2026-02-25 Listed $125,000 MLSOK
- 2025-08-01 Sold (Public Records) $60,000 Public Records
- 2025-07-31 Sold (MLS) $60,000 MLSOK
- 2025-07-01 Pending — MLSOK
- 2025-06-10 Relisted — MLSOK
- 2025-06-02 Pending — MLSOK
- 2025-04-18 Relisted — MLSOK
- 2025-03-31 Pending — MLSOK
- 2025-03-27 Listed $79,900 MLSOK
- 1980-06-01 Sold (Public Records) $26,500 Public Records
Property tax history
+0.3%/yrLatest (2025): $144 · -0.6% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…