1458 N Evanston Pl · Tulsa, 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 1/10 · Minimal
- Est. fire insurance / yr
- $2,463 – $4,575
Heat risk 6/10 · Moderate
- Hot days now (above 110°F)
- 7 days/yr
- Hot days in 30 yrs
- 18 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- 4.0%
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 3 days/yr
Risk factors via First Street. Map © Google.
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 +28.5/30.0
- DSCR +10.0/10.0
- Appreciation +9.3/10.0
- ARV discount +8.3/15.0
- 1% rule +7.0/10.0
- Livability +3.8/5.0
- Rent growth +2.9/5.0
- Condition / age +2.5/5.0
- Schools +0.8/10.0
$95,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks
Well-maintained 3-bedroom, 1-bath home being sold as-is. Cash or conventional financing only.
Key facts
- 7,841 sq ft lot
- Garage
- Built 1953
Property features AI
Finance
- Financial info: Annual tax information provided separately
- HOA & community: No HOA information provided
Exterior
- Parking: Attached garage (1 car)
- Security: No safety shelter
- Utilities: Electricity available; Natural gas available; Public water; Public sewer
- Home design: Single-story; Faces east; Entry on crawlspace foundation
- Construction: Built with vinyl siding and wood frame; Asphalt/fiberglass roof; Crawlspace foundation; Year built source: public records
- Exterior features: Chain link fencing; No additional exterior amenities listed
Interior
- Kitchen: Oven; Range; Stove
- Bedrooms: Bedroom count not provided
- Flooring: Tile flooring; Wood flooring
- Bathrooms: 1 full bathroom
- Heating & cooling: Central heating (gas); Window cooling units
- Interior features: Vinyl windows; Laminate countertops; No additional interior amenities listed
- Laundry & utility: Gas water heater
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $95k.
Deal economics
- At list price, monthly cash flow is $310 ($4k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $95k).
- Cap rate 10.2% vs local median 3.9% in Tulsa — 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 75/100 on livability (#13 in OK, #4,058 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, cost of living A+; Watch: schools F, crime F, employment D-.
- Tulsa (urban): math 7% / reading 12% proficiency, ranked #250 of 270 in OK (top 93%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 76% free/reduced lunch — lower-income household profile, screen leases tightly.
- Market conditions: Rents rising (+1.8%/yr); 57 active listings in the ZIP; 14 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 2,818 units permitted in Tulsa County in 2024 (518 in 5+ unit buildings).
- This rent runs 33% of the median local income ($42k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- In year one you build about $9k of equity ($657 loan paydown + $8k appreciation (8.7% local appreciation)).
- Tulsa County population projected at +30% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
- At projected returns (8.7% appreciation + 1.8% rent growth), your $27k cash investment doubles in ~3 years — after that, you're playing with house money.
- By year 4, paydown + projected appreciation supports a ~$31k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- Only 8 days on market — expect competitive offers; lowballing is unlikely to land.
- 2 sale attempts since 2y 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.
- Current owner paid $30k; list at $95k implies a 222% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1953 — expect roof / HVAC / electrical / plumbing capex.
- Climate carrying-cost: extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- Built in 1953 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- 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?
- 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
- 1.20% ✓
- Cap rate
- 10.21%
- Cash-on-cash
- 13.98%
- DSCR
- 1.62
- GRM
- 6.9
CMA / ARV
- ARV (on-the-fly)
- $96,792
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 2018 N Delaware Pl | 0.51mi | 3/1.0 | 888 (0%) | 3mo | $153,000 | $172 | 74 |
| 2032 N Evanston Pl | 0.52mi | 3/1.0 | 912 (+3%) | 2mo | $61,000 | $67 | 70 |
| 2707 E Marshall St | 0.39mi | 3/1.0 | 965 (+9%) | 2mo | $105,000 | $109 | 66 |
| 1901 N Atlanta Ave | 0.65mi | 3/1.0 | 909 (+2%) | 0mo | $131,500 | $145 | 65 |
| 2918 E Woodrow St | 0.58mi | 2/1.0 (-1) | 876 (-1%) | 2mo | $62,500 | $71 | 65 |
| 1551 N Indianapolis Ave | 0.51mi | 2/1.0 (-1) | 926 (+4%) | 2mo | $132,500 | $143 | 63 |
| 1421 N Indianapolis Ave | 0.41mi | 2/1.0 (-1) | 841 (-5%) | 7mo | $179,000 | $213 | 61 |
| 1041 N Florence Ave E | 0.51mi | 3/1.0 | 939 (+6%) | 11mo | $70,000 | $75 | 57 |
| 3116 E Woodrow St | 0.59mi | 2/1.0 (-1) | 910 (+2%) | 10mo | $88,500 | $97 | 55 |
| 1146 N Harvard Ave | 0.50mi | 2/1.0 (-1) | 955 (+8%) | 9mo | $120,000 | $126 | 52 |
| 1840 N Louisville Ave | 0.69mi | 3/1.0 | 980 (+10%) | 1mo | $80,000 | $82 | 49 |
| 1920 N Lewis Pl | 0.73mi | 2/1.0 (-1) | 928 (+4%) | 6mo | $35,000 | $38 | 49 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
8.69% appreciation · 1.78% rent growth · sell at horizon
- IRR
- 31.6%
- Equity multiple
- 3.32×
- Total profit
- $61,714
- Equity at exit
- $76,694
- IRR
- 27.4%
- Equity multiple
- 7.09×
- Total profit
- $161,976
- Equity at exit
- $156,761
Cash invested: $26,600 (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 74110
- Home prices YoY
- 3.2%
- Rents YoY
- 1.8%
- Active inventory
- 57
- Price-to-rent
- 6.9×
Monthly cashflow live
- Estimated rent
- $1,140 high interval (Pro) →
- Mortgage (P&I)
- −$498
- Tax from tax record
- −$53 /mo · $633/yr
- Insurance
- −$40
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$239
- Net cashflow
- $310
Break-even live
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
- $23,750
- Closing costs
- $2,850
- 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 14 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1507 N Florence Ave Tulsa, OK | 3.0 | 1.0 | 1000 | $1,100 | $1.10 | 23d | 1 | 0.17mi |
| 1816 N Delaware Pl Tulsa, OK | 3.0 | 1.0 | 990 | $950 | $0.96 | 3d | 1 | 0.32mi |
| 1928 N Columbia Pl Tulsa, OK | 2.0 | 1.0 | 888 | $1,000 | $1.13 | 16d | 1 | 0.47mi |
| 1623 N Atlanta Ave Tulsa, OK | 3.0 | 1.0 | 975 | $1,175 | $1.21 | 3d | 1 | 0.54mi |
| 1807 N Atlanta Ave Tulsa, OK | 3.0 | 1.0 | 812 | $995 | $1.23 | 23d | 1 | 0.59mi |
| 3326 E Marshall St Apt 4 Tulsa, OK | 2.0 | 1.0 | 750 | $925 | $1.23 | 23d | 1 | 0.60mi |
| 3326 E Marshall St Unit 1 Tulsa, OK | 2.0 | 1.0 | 700 | $825 | $1.18 | 23d | 1 | 0.60mi |
| 1830 N New Haven Ave Tulsa, OK | 2.0 | 1.0 | 840 | $1,295 | $1.54 | 23d | 1 | 0.78mi |
| 4008 E Virgin St Tulsa, OK | 3.0 | 1.0 | 1125 | $1,400 | $1.24 | 3d | 1 | 0.94mi |
| 3238 E Easton St Tulsa, OK | 2.0 | 1.0 | 800 | $1,150 | $1.44 | 3d | 1 | 1.00mi |
| 2529 E Admiral Pl Unit A Tulsa, OK | 2.0 | 1.0 | 1100 | $1,295 | $1.18 | 23d | 1 | 1.18mi |
| 44 S Florence Ave Tulsa, OK | 2.0 | 1.0 | 1080 | $1,450 | $1.34 | 23d | 1 | 1.29mi |
| 2808 E 1st Pl Unit P21-Q Tulsa, OK | 2.0 | 1.0 | 1025 | $1,250 | $1.22 | 23d | 1 | 1.31mi |
| 4703 E Latimer Pl Tulsa, OK | 2.0 | 1.0 | 1103 | $1,290 | $1.17 | 3d | 1 | 1.32mi |
Listing history 9 events
-
2026-05-23status Pending
-
2026-05-15$95,000 Active
-
2024-10-19historical $995
-
2024-10-09price $995
-
2024-09-26price $1,025
-
2024-09-11price $1,075
-
2024-06-11$1,175
-
2022-07-22price $950
-
1986-12-01soldstatus $29,500
ⓘ 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
- $633 · $53/mo
- Projected year-2 tax
- $855 · $71/mo
- Expected delta
- +$222/yr (+$18/mo · 35.1%)
ⓘ 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 ≥110°F today · 18 d/yr by 30 yrs out
- Wind 2/10 Low 4% chance of damaging wind over 30 yrs
- Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 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
- $13,677
- − Mortgage interest
- −$5,321
- − Property taxes
- −$633
- − Insurance
- −$475
- − Repairs & maintenance
- −$1,094
- − Management
- −$1,094
- − Depreciation
- −$2,764
- Taxable income
- $2,296
- Est. tax owed @ 24.0%
- −$551
- After-tax cash flow
- $3,168/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
- Tulsa
- NCES district ID
- 4030240
- Math proficiency
- 7% ▼ -9.00%
- Reading proficiency
- 12% ▼ -7.00%
- Median HH income
- $37,895
- Composite
- 8.04/100
- National rank
- #9919
- State rank
- #250 of 270 in OK
Livability — Tulsa
- Score
- 75/100
- State rank
- #13
- US rank
- #4058
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Tulsa, OK
- County
- Tulsa County · 640,811 people
- City population
- 389,418
- Metro
- Tulsa, OK
- Population (ZIP)
- 15,244
- Household income
- $42,054
- Rent vs Own
- Severe rent burden
- 528.0
Population outlook (Tulsa County) Hauer SSP2
- Today (2025)
- 723,846 people
- By 2030
- 766,033 · +5.8%
- By 2040
- 851,386 · +17.6%
- By 2050
- 938,389 · +29.6%
- By 2075
- 1,166,011 · +61.1%
- By 2100
- 1,350,277 · +86.5%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Highly diverse neighborhood (Simpson 0.72)
- Race & ethnicity
- Hispanic / Latino 40% White 24% Black 24% Two or more races 16% Native American 6%
- Hispanic origin (detail)
- Mexican 36%
- Common ancestry
- Slovak 1%
- Foreign-born
- 17% · Canada
- Languages at home
- 62% English-only · Spanish 37%
Political lean MEDSL · Tulsa
- 2024 margin
- R (+15.2) · D 41.3% · R 56.5% · Other 2.2%
- 2008→2024 swing
- +9.2pp toward D · 2008: -24.5pp · 2024: -15.2pp
- All cycles
- 2024: R+15.2 2020: R+15.6 2016: R+22.9 2012: R+27.4 2008: R+24.5
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▲ 8.69%
- Current HPI
- 277.6663
- Rent YoY
- ▲ 1.78%
- Metro
- Tulsa, 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
+222.0% since first listed9 events — show timeline
- 2026-05-23 Pending — MLS Technology, Inc.
- 2026-05-15 Listed $95,000 MLS Technology, Inc.
- 2024-10-19 Rental Removed $995 APPFOLIO
- 2024-10-09 Price Changed $995 APPFOLIO
- 2024-09-26 Price Changed $1,025 APPFOLIO
- 2024-09-11 Price Changed $1,075 APPFOLIO
- 2024-06-11 Listed for Rent $1,175 APPFOLIO
- 2022-07-22 Price Changed $950 RENT.
- 1986-12-01 Sold (Public Records) $29,500 Public Records
Property tax history
+4.6%/yrLatest (2025): $633 · +8.8% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…