14309 N Pennsylvania Ave Unit 9E · Oklahoma City, OK 73134

$127,000

1 bd · 1.0 ba · 768 sqft · Condo public records · 86 Days on market

Built 1982 $230/mo HOA · 20% of rent

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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 +7.5/15.0
• Cash flow +7.3/30.0
• Appreciation +6.4/10.0
• Livability +4.0/5.0
• 1% rule +3.9/10.0
• Rent growth +3.8/5.0
• Schools +3.6/10.0
• Condition / age +2.5/5.0
• DSCR +1.4/10.0

Listing remarks MLS

Beautiful LOWER level condominium. Spacious living area w/cozy stone fireplace. Very clean kitchen with plenty of cabinets and counter space. Large bedroom w/walk-in closet and patio access. Great covered patio has storage closet. Great location across from the clubhouse/pool. (1) Carport space. HOA covers: water, sewer, trash, exterior & common area maintenance, & clubhouse/pool.

Key facts

• Gated community
• Cozy stone fireplace
• Spacious living area

Tags

• GATED COMMUNITY
• SPACIOUS LIVING AREA
• COZY STONE FIREPLACE
• CLEAN AND FUNCTIONAL KITCHEN
• WALK-IN CLOSET
• PRIVATE PATIO

Property features AI

Finance

• HOA & community: Mandatory association dues; Association fee of $2,760 (includes gated entry)

Exterior

• Security: Gated entry (association amenity)
• Home design: Residential condominium; Flat entry (condo)
• Construction: Brick and frame construction; Composition roof; Slab foundation; Existing property
• Exterior features: Covered patio; Porch; Rain gutters; Storage; Private fenced pool; Corner lot

Interior

• Bedrooms: 1 bedroom
• Bathrooms: 1 full bathroom
• Heating & cooling: Electric heating
• Interior features: One living area; Electric fireplace

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $127k.

Deal economics

• At list price, monthly cash flow is $-170 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $97k (23.7% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $113k (11.2% below list).
• Recommended offer: $97k (23.7% below list) — sets the bar for cash-flow.
• Cap rate 4.7% vs local median 3.7% in Oklahoma City — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

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.
• Edmond (suburban): math 38% / reading 40% proficiency, ranked #11 of 270 in OK (top 4%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Scissortail Elementary School (331 students, 0% FRL); Summit Ms (math 22% / reading 27%, grade F, #97 of 345 statewide, top 31%, 940 students, 0% FRL); Santa Fe Hs (math 36% / reading 52%, grade F, #18 of 447 statewide, top 4%, 2,796 students, 0% FRL) — zoned schools average 0% FRL vs 22% district-wide (22 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: Rents rising fast (+5.2%/yr); 42 active listings in the ZIP; 26 comparable units currently listed for rent nearby; rentals leasing fast (median 4d 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

• In year one you build about $4k of equity ($878 loan paydown + $3k appreciation (2.7% local appreciation)).
• Oklahoma County population projected at +41% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 8, paydown + projected appreciation supports a ~$32k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 86 days — a 6% lower offer ($119k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 17y 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: HOA is 20% of rent.
• 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 $96,962 (23.7% 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 86 days. Have you received any prior offers? Is the seller open to a 24% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. 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?
8. 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?
9. 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?
10. 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.
11. 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.
12. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 0.89% ✗
• Cap rate: 4.69%
• Cash-on-cash: -5.74%
• DSCR: 0.74
• GRM: 9.4

CMA / ARV

No comps found within radius.

Projected returns pro-forma

2.71% appreciation · 5.21% rent growth · sell at horizon

5-year hold

• IRR: 2.6%
• Equity multiple: 1.15×
• Total profit: $5,248
• Equity at exit: $55,067

10-year hold

• IRR: 7.4%
• Equity multiple: 2.14×
• Total profit: $40,578
• Equity at exit: $83,313

Cash invested: $35,560 (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 73134

• Home prices YoY: 1.2%
• Rents YoY: 5.2%
• Active inventory: 42
• Price-to-rent: 9.4×

Monthly cashflow live

• Estimated rent: $1,128 high
• Mortgage (P&I): −$666
• Tax from tax record: −$112 /mo · $1,349/yr
• Insurance: −$53
• HOA: −$230
• Vacancy / Maint / Mgmt: −$237
• Net cashflow: $-170

Break-even live

Break-even rent $1,343

Max offer price $96,962

Occupancy floor —

Sensitivity live

Price	-10% $-98	-5% $-134	+0% $-170	+5% $-206	+10% $-242
Rent	-10% $-259	-5% $-215	+0% $-170	+5% $-125	+10% $-81
Rate	-1.0pp $-106	-0.5pp $-138	base $-170	+0.5pp $-203	+1.0pp $-236

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: $31,750
• Closing costs: $3,810
• Reserves months: —
• Total cash needed: —

Rent comps 26 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
14327 N Pennsylvania Ave Unit 36G Oklahoma City, OK	2.0	1.0	950	$1,100	$1.16	3d	1	0.10mi
14443 N Pennsylvania Ave Oklahoma City, OK	1.0	1.0	768	$900	$1.17	25d	1	0.14mi
2300 NW 145th St Oklahoma City, OK	1.0–3.0	1.0–2.0	1000	$1,615	$1.61	3d	12	0.21mi
1919 NW 142nd St Oklahoma City, OK	2.0	2.0	1100	$1,280	$1.16	25d	1	0.26mi
14520 N Pennsylvania Ave Oklahoma City, OK	1.0–3.0	1.0–2.0	1024	$930	$0.91	3d	12	0.27mi
14201 N Kentucky Ave Oklahoma City, OK	1.0–2.0	1.0–2.0	905	$1,628	$1.80	3d	18	0.27mi
14900 N Pennsylvania Ave Oklahoma City, OK	1.0–3.0	1.0–2.0	1027	$1,010	$0.98	3d	19	0.37mi
14300 N Pennsylvania Ave Oklahoma City, OK	1.0–2.0	1.0–2.0	844	$799	$0.95	3d	1	0.39mi
2400 Watermark Blvd Oklahoma City, OK	1.0	1.0	830	$1,329	$1.60	25d	1	0.40mi
14320 Mezzaluna Ave Oklahoma City, OK	1.0	1.0	966	$1,429	$1.48	25d	1	0.50mi
14320 Mezzaluna Ave Oklahoma City, OK	1.0	1.0	879	$1,329	$1.51	13d	1	0.50mi
14712 Mezzaluna Blvd Oklahoma City, OK	1.0–2.0	1.0–2.0	898	$1,299	$1.45	25d	25	0.55mi
2600 Watermark Blvd Oklahoma City, OK	1.0–2.0	1.0–2.5	1066	$1,069	$1.00	3d	10	0.62mi
2701 Watermark Blvd Oklahoma City, OK	1.0–3.0	1.0–2.0	1047	$1,161	$1.11	3d	19	0.71mi
15501 N Pennsylvania Ave Edmond, OK	2.0	2.0	958	$1,379	$1.44	16d	1	0.76mi
14300 N May Ave Oklahoma City, OK	1.0–3.0	1.0–2.0	923	$890	$0.96	4d	15	0.78mi
14200 N May Ave Oklahoma City, OK	1.0–3.0	1.0–2.0	1031	$880	$0.85	3d	17	0.82mi
13600 N Blackwelder Ave Oklahoma City, OK	3.0	1.0–2.0	850	$1,348	$1.58	3d	27	0.83mi
2609 Featherstone Rd Oklahoma City, OK	1.0–2.0	1.0–2.0	769	$699	$0.91	3d	34	0.90mi
12831 Stratford Dr Oklahoma City, OK	1.0–3.0	1.0–2.0	1122	$854	$0.76	3d	22	1.03mi
12701 N Pennsylvania Ave Oklahoma City, OK	3.0	1.0–2.0	912	$1,122	$1.23	3d	15	1.04mi
12821 Stratford Dr Oklahoma City, OK	2.0	2.0	1043	$1,078	$1.03	3d	1	1.17mi
3101 NW 150th St Oklahoma City, OK	1.0–2.0	1.0–2.0	811	$895	$1.10	3d	12	1.29mi
2301 NW 122nd St Oklahoma City, OK	1.0	1.0	723	$940	$1.30	3d	28	1.32mi
2401 NW 122nd St Oklahoma City, OK	1.0–2.0	1.0–2.0	844	$749	$0.89	25d	1	1.36mi
2700 Indian Creek Blvd Oklahoma City, OK	1.0–3.0	1.0–2.0	1261	$779	$0.62	4d	5	1.48mi

HOA detail condo

• Monthly dues: $230 · $2,760/yr
• Likely covers: watersewertrashpool
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 40 events

1. 2026-06-21
   days on market $127,000 Active 86 DOM
2. 2026-06-18
   days on market $127,000 Active 83 DOM
3. 2026-06-17
   days on market $127,000 Active 82 DOM
4. 2026-06-16
   days on market $127,000 Active 81 DOM
5. 2026-06-15
   days on market $127,000 Active 80 DOM
6. 2026-06-13
   days on market $127,000 Active 78 DOM
7. 2026-06-09
   days on market $127,000 Active 74 DOM
8. 2026-06-08
   days on market $127,000 Active 73 DOM
9. 2026-06-07
   days on market $127,000 Active 72 DOM
10. 2026-06-03
    days on market $127,000 Active 68 DOM
11. 2026-06-02
    days on market $127,000 Active 67 DOM
12. 2026-06-01
    days on market $127,000 Active 66 DOM
13. 2026-05-31
    days on market $127,000 Active 65 DOM
14. 2026-05-08
    price $127,000
15. 2026-04-20
    price $129,000
16. 2026-03-27
    listed $133,000 Active
17. 2024-08-26
    soldstatus $125,000
18. 2024-08-21
    soldstatus $125,000 Closed 392-char remark

    Show marketing remark (392 chars)

    Beautiful LOWER level condominium. Spacious living area w/cozy stone fireplace. Very clean kitchen with plenty of cabinets and counter space. Large bedroom w/walk-in closet and patio access. Great covered patio has storage closet. Great location across from the clubhouse/pool. (1) Carport space. HOA covers: water, sewer, trash, exterior & common area maintenance, & clubhouse/pool.

19. 2024-07-23
    status Pending 392-char remark

    Show marketing remark (392 chars)

    Beautiful LOWER level condominium. Spacious living area w/cozy stone fireplace. Very clean kitchen with plenty of cabinets and counter space. Large bedroom w/walk-in closet and patio access. Great covered patio has storage closet. Great location across from the clubhouse/pool. (1) Carport space. HOA covers: water, sewer, trash, exterior & common area maintenance, & clubhouse/pool.

20. 2024-07-23
    listed $125,000 Active 392-char remark

    Show marketing remark (392 chars)

    Beautiful LOWER level condominium. Spacious living area w/cozy stone fireplace. Very clean kitchen with plenty of cabinets and counter space. Large bedroom w/walk-in closet and patio access. Great covered patio has storage closet. Great location across from the clubhouse/pool. (1) Carport space. HOA covers: water, sewer, trash, exterior & common area maintenance, & clubhouse/pool.

21. 2023-02-02
    soldstatus $101,000
22. 2023-01-25
    soldstatus $101,000 Closed 210-char remark

    Show marketing remark (210 chars)

    Adorable ground floor unit features fireplace, spacious living area with access to dining area and overlooking shaded patio and courtyard. Can be sold with all furniture and appliances with accept0able offer.

23. 2023-01-02
    status Pending 210-char remark

    Show marketing remark (210 chars)

    Adorable ground floor unit features fireplace, spacious living area with access to dining area and overlooking shaded patio and courtyard. Can be sold with all furniture and appliances with accept0able offer.

24. 2022-12-30
    listed $101,000 Active 210-char remark

    Show marketing remark (210 chars)

    Adorable ground floor unit features fireplace, spacious living area with access to dining area and overlooking shaded patio and courtyard. Can be sold with all furniture and appliances with accept0able offer.

25. 2016-04-29
    soldstatus $62,500
26. 2016-04-26
    soldstatus $62,500 Sold
27. 2016-04-10
    status Pending
28. 2016-04-06
    price $62,500
29. 2016-03-21
    price $67,500
30. 2016-03-02
    listed $72,500 Active
31. 2010-09-09
    soldstatus $54,000
32. 2010-09-03
    soldstatus $54,000
33. 2010-06-24
    listed $56,500
34. 2010-04-11
    historical
35. 2009-09-21
    historical
36. 2009-09-20
    listed $59,900
37. 2009-07-22
    listed $61,500
38. 2004-11-08
    soldstatus $40,000
39. 1999-08-17
    soldstatus $36,000
40. 1986-09-01
    soldstatus $43,000

ⓘ 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: $1,349 · $112/mo
• Projected year-2 tax: $1,349 · $112/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 ≥108°F today · 19 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 4% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,538
• − Mortgage interest: −$7,114
• − Property taxes: −$1,349
• − Insurance: −$635
• − Repairs & maintenance: −$1,083
• − Management: −$1,083
• − HOA: −$2,760
• − Depreciation: −$3,695
• Taxable loss: −$4,180
• Est. tax savings @ 24.0%: +$1,003
• After-tax cash flow: $-1,037/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: Edmond
• NCES district ID: 4010590
• Math proficiency: 38% ▼ -12.00%
• Reading proficiency: 40% ▼ -12.00%
• Median HH income: $73,212
• Composite: 35.88/100
• National rank: #4814
• State rank: #11 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): 7,522
• Household income: $66,307
• Rent vs Own: 86.4% rent · 13.6% own
• Severe rent burden: 934.0

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 0.69)
• Race & ethnicity: White 49% Black 20% Hispanic / Latino 14% Two or more races 8% Asian 7% Native American 4%
• Hispanic origin (detail): Mexican 12%
• Common ancestry: Iranian 2% Italian 2% Lithuanian 1%
• Foreign-born: 10% · Canada, Vietnam
• Languages at home: 86% English-only · Spanish 7% Other Indo-European 2% Vietnamese 2%

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: ▲ 2.71%
• Current HPI: 219.5373
• Rent YoY: ▲ 5.21%
• 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

+195.3% since first listed

27 events — show timeline

• 2026-05-08 Price Changed $127,000 MLSOK
• 2026-04-20 Price Changed $129,000 MLSOK
• 2026-03-27 Listed $133,000 MLSOK
• 2024-08-26 Sold (Public Records) $125,000 Public Records
• 2024-08-21 Sold (MLS) $125,000 MLSOK
• 2024-07-23 Pending — MLSOK
• 2024-07-23 Listed $125,000 MLSOK
• 2023-02-02 Sold (Public Records) $101,000 Public Records
• 2023-01-25 Sold (MLS) $101,000 MLSOK
• 2023-01-02 Pending — MLSOK
• 2022-12-30 Listed $101,000 MLSOK
• 2016-04-29 Sold (Public Records) $62,500 Public Records
• 2016-04-26 Sold (MLS) $62,500 MLSOK
• 2016-04-10 Pending — MLSOK
• 2016-04-06 Price Changed $62,500 MLSOK
• 2016-03-21 Price Changed $67,500 MLSOK
• 2016-03-02 Listed $72,500 MLSOK
• 2010-09-09 Sold (Public Records) $54,000 Public Records
• 2010-09-03 Sold (MLS) $54,000 MLSOK
• 2010-06-24 Listed $56,500 MLSOK
• 2010-04-11 Listing Removed — MLSOK
• 2009-09-21 Listing Removed — MLSOK
• 2009-09-20 Listed $59,900 MLSOK
• 2009-07-22 Listed $61,500 MLSOK
• 2004-11-08 Sold (Public Records) $40,000 Public Records
• 1999-08-17 Sold (Public Records) $36,000 Public Records
• 1986-09-01 Sold (Public Records) $43,000 Public Records

Property tax history

+6.2%/yr

Latest (2025): $1,349 · -1.6% YoY. Source: county tax records.