3221 NW 67th St · Oklahoma City, OK 73116

$150,000

3 bd · 2.0 ba · 1,387 sqft · SingleFamily public records · 1 Days on market

Built 1953 6,586 sqft lot Est $216k · 31% under

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Why this score? — see what drove the B- 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 +25.8/30.0
• ARV discount +15.0/15.0
• DSCR +8.6/10.0
• 1% rule +6.8/10.0
• Livability +4.0/5.0
• Rent growth +3.6/5.0
• Condition / age +2.5/5.0
• Schools +0.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Beautiful home with lots of updates. Updates include: HVAC, windows, toilets, vanities, crown molding, paint, and flooring. Hardwood floors in the living and dining. Kitchen has updated tile floors, updated cabinets with a lazy susan, and updated countertops. Two of the bedrooms have closets with built in drawers and shelves. Laundry hookups are inside with room for a stackable washer and dryer. Outside features an open porch, a covered patio, and an open deck with a ramp.

Key facts

• 6,586 sq ft lot
• 2 garage spots
• Built 1953

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 $362 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $150k).
• Cap rate 9.2% 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: Nichols Hills Es (math 17% / reading 17%, grade F, #540 of 845 statewide, top 68%, 494 students, 0% FRL); John Marshall Hs (math 2% / reading 8%, grade F, #430 of 447 statewide, top 99%, 829 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 fast (+4.3%/yr); 137 active listings in the ZIP; 27 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 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 $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.
• At projected returns (-3.0% appreciation + 4.3% rent growth), your $42k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 25y 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 1953 — 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 $150,000

Questions for the listing agent

1. Built in 1953 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
5. 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.
6. 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.
7. 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: 1.18% ✓
• Cap rate: 9.19%
• Cash-on-cash: 10.35%
• DSCR: 1.46
• GRM: 7.1

CMA / ARV

• ARV (on-the-fly): $216,372
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3221 NW 67th St	0.00mi	3/1.5	1,387 (0%)	1mo	$170,000	$123	97
3016 NW 70th St	0.26mi	3/1.5	1,338 (-4%)	2mo	$185,000	$138	78
3225 NW 68th St	0.06mi	3/1.0	1,305 (-6%)	8mo	$200,000	$153	77
3130 NW 73rd St	0.30mi	3/2.0	1,549 (+12%)	2mo	$202,000	$130	65
3100 Elmwood Ave	0.59mi	3/2.0	1,338 (-4%)	5mo	$225,000	$168	62
3113 NW 62nd St	0.33mi	3/2.0	1,573 (+13%)	3mo	$245,000	$156	60
3325 NW 65th St	0.22mi	4/2.0 (+1)	1,571 (+13%)	6mo	$245,000	$156	58
3033 NW 71 St	0.29mi	2/1.0 (-1)	1,251 (-10%)	5mo	$199,777	$160	57
3112 Elmwood Ave	0.58mi	2/2.0 (-1)	1,291 (-7%)	3mo	$256,000	$198	54
3129 Elmwood Ave	0.59mi	3/2.0	1,496 (+8%)	7mo	$286,000	$191	54
2824 NW 67th St	0.50mi	2/1.0 (-1)	1,224 (-12%)	6mo	$136,500	$112	44
2908 Somerset Pl	0.68mi	3/2.0	1,200 (-14%)	8mo	$205,000	$171	39

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 · 4.27% rent growth · sell at horizon

5-year hold

• IRR: 0.7%
• Equity multiple: 1.03×
• Total profit: $1,083
• Equity at exit: $22,365

10-year hold

• IRR: 11.6%
• Equity multiple: 1.96×
• Total profit: $40,391
• Equity at exit: $12,969

Cash invested: $42,000 (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 73116

• Rents YoY: 4.3%
• Active inventory: 137
• Price-to-rent: 7.1×

Monthly cashflow live

• Estimated rent: $1,767 high
• Mortgage (P&I): −$787
• Tax from tax record: −$185 /mo · $2,217/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$371
• Net cashflow: $362

Break-even live

Break-even rent $1,309

Max offer price $150,000

Occupancy floor 74%

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: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Rent comps 27 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3229 NW 68th St Oklahoma City, OK	3.0	2.0	1714	$2,225	$1.30	10d	1	0.09mi
3025 NW 67th St Oklahoma City, OK	3.0	1.0	1071	$1,350	$1.26	43d	1	0.20mi
3037 NW 65th St Oklahoma City, OK	3.0	1.5	1063	$1,495	$1.41	43d	1	0.21mi
3106 NW 63rd St Oklahoma City, OK	3.0	2.0	1736	$1,650	$0.95	23d	1	0.29mi
3213 NW 61st Pl Oklahoma City, OK	3.0	2.0	1777	$2,095	$1.18	2d	1	0.34mi
3333 NW 62nd St Oklahoma City, OK	2.0	2.0	1780	$2,000	$1.12	17d	1	0.36mi
6162 N Brookline Ave #22 Oklahoma City, OK	2.0	2.0	1626	$2,500	$1.54	4d	1	0.49mi
3025 NW Grand Blvd Oklahoma City, OK	2.0	1.0	930	$950	$1.02	23d	1	0.52mi
6100 N Brookline Ave Oklahoma City, OK	2.0	2.0	1040	$1,900	$1.83	23d	1	0.55mi
6000 N Brookline Ave Oklahoma City, OK	2.0	1.0	880	$1,242	$1.41	23d	2	0.60mi
6101 N May Ave Oklahoma City, OK	1.0–2.0	1.0–2.0	814	$1,070	$1.31	4d	6	0.61mi
3004 Somerset Pl Oklahoma City, OK	3.0	1.0	888	$1,150	$1.30	23d	1	0.65mi
2757 Lancaster Ln Oklahoma City, OK	2.0	1.0	1005	$750	$0.75	23d	1	0.65mi
2912 W Fairfield Ave Oklahoma City, OK	3.0	1.0	1163	$1,450	$1.25	43d	1	0.67mi
2916 Shirley Ln Oklahoma City, OK	2.0	1.0	1000	$1,395	$1.40	2d	1	0.76mi
2615 NW 63rd St Oklahoma City, OK	3.0	1.0	1053	$1,495	$1.42	43d	1	0.79mi
3100 Northwest Expy Oklahoma City, OK	1.0–3.0	1.0–2.5	1029	$1,437	$1.40	1d	57	0.82mi
3729 NW 60th St Oklahoma City, OK	3.0	1.5	1424	$1,500	$1.05	19d	1	0.84mi
2710 NW 57th St Oklahoma City, OK	3.0	1.0	900	$1,425	$1.58	4d	1	0.97mi
6300 N Villa Ave Oklahoma City, OK	1.0–3.0	1.0–2.0	1383	$1,518	$1.10	43d	1	1.00mi
4020 Versailles Blvd Oklahoma City, OK	2.0–3.0	2.0–2.5	1500	$2,070	$1.38	1d	5	1.02mi
5560 N Portland Ave Oklahoma City, OK	1.0–2.0	1.0–2.0	955	$1,249	$1.31	1d	50	1.03mi
4018 NW 68th St Oklahoma City, OK	2.0	2.0	1395	$1,450	$1.04	23d	1	1.07mi
3235 NW 50th St Oklahoma City, OK	2.0	2.0	1216	$1,120	$0.92	4d	1	1.14mi
5113 N Brookline Ave Oklahoma City, OK	2.0	1.0	1100	$1,000	$0.91	2d	1	1.21mi
3541 NW 50th St Oklahoma City, OK	2.0	1.0	980	$949	$0.97	43d	1	1.29mi
3160 Nimitz Blvd Oklahoma City, OK	3.0	1.0	1068	$1,195	$1.12	44d	1	1.31mi

Listing history 10 events

1. 2026-04-17
   status Pending
2. 2026-04-15
   listed $150,000 Active
3. 2018-10-02
   soldstatus $131,500
4. 2018-09-28
   soldstatus $130,010 Sold 477-char remark

   Show marketing remark (477 chars)

   Beautiful home with lots of updates. Updates include: HVAC, windows, toilets, vanities, crown molding, paint, and flooring. Hardwood floors in the living and dining. Kitchen has updated tile floors, updated cabinets with a lazy susan, and updated countertops. Two of the bedrooms have closets with built in drawers and shelves. Laundry hookups are inside with room for a stackable washer and dryer. Outside features an open porch, a covered patio, and an open deck with a ramp.

5. 2018-08-18
   status Pending 477-char remark

   Show marketing remark (477 chars)

   Beautiful home with lots of updates. Updates include: HVAC, windows, toilets, vanities, crown molding, paint, and flooring. Hardwood floors in the living and dining. Kitchen has updated tile floors, updated cabinets with a lazy susan, and updated countertops. Two of the bedrooms have closets with built in drawers and shelves. Laundry hookups are inside with room for a stackable washer and dryer. Outside features an open porch, a covered patio, and an open deck with a ramp.

6. 2018-07-27
   price $140,000 477-char remark

   Show marketing remark (477 chars)

   Beautiful home with lots of updates. Updates include: HVAC, windows, toilets, vanities, crown molding, paint, and flooring. Hardwood floors in the living and dining. Kitchen has updated tile floors, updated cabinets with a lazy susan, and updated countertops. Two of the bedrooms have closets with built in drawers and shelves. Laundry hookups are inside with room for a stackable washer and dryer. Outside features an open porch, a covered patio, and an open deck with a ramp.

7. 2018-07-10
   listed $143,000 Active 477-char remark

   Show marketing remark (477 chars)

   Beautiful home with lots of updates. Updates include: HVAC, windows, toilets, vanities, crown molding, paint, and flooring. Hardwood floors in the living and dining. Kitchen has updated tile floors, updated cabinets with a lazy susan, and updated countertops. Two of the bedrooms have closets with built in drawers and shelves. Laundry hookups are inside with room for a stackable washer and dryer. Outside features an open porch, a covered patio, and an open deck with a ramp.

8. 2006-09-06
   soldstatus $110,000
9. 2001-06-21
   soldstatus $71,000
10. 2001-05-08
    listed $69,900

ⓘ 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: $2,217 · $185/mo
• Projected year-2 tax: $2,217 · $185/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 2% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,208
• − Mortgage interest: −$8,402
• − Property taxes: −$2,217
• − Insurance: −$750
• − Repairs & maintenance: −$1,697
• − Management: −$1,697
• − Depreciation: −$4,364
• Taxable income: $2,082
• Est. tax owed @ 24.0%: −$500
• After-tax cash flow: $3,848/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

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

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): 10,211
• Household income: $81,226
• Rent vs Own: 31.6% rent · 68.4% own
• Severe rent burden: 262.0

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: Predominantly White (72%)
• Race & ethnicity: White 72% Two or more races 14% Hispanic / Latino 8% Black 5% Asian 3% Native American 2%
• Hispanic origin (detail): Mexican 6%
• Common ancestry: Italian 3% Slovak 3% Lithuanian 2%
• Foreign-born: 7% · Canada, South Korea, Philippines
• Languages at home: 90% English-only · Spanish 6% Other Asian/Pacific 2% Arabic 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: ▼ -260.29%
• Current HPI: 258.0304
• Rent YoY: ▲ 4.27%
• 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

+114.6% since first listed

10 events — show timeline

• 2026-04-17 Pending — MLSOK
• 2026-04-15 Listed $150,000 MLSOK
• 2018-10-02 Sold (Public Records) $131,500 Public Records
• 2018-09-28 Sold (MLS) $130,010 MLSOK
• 2018-08-18 Pending — MLSOK
• 2018-07-27 Price Changed $140,000 MLSOK
• 2018-07-10 Listed $143,000 MLSOK
• 2006-09-06 Sold (Public Records) $110,000 Public Records
• 2001-06-21 Sold (Public Records) $71,000 Public Records
• 2001-05-08 Listed $69,900 MLSOK

Property tax history

+6.5%/yr

Latest (2025): $2,217 · +4.2% YoY. Source: county tax records.