637 Lotus Ave · Midwest 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 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 2 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 +17.2/30.0
- DSCR +5.4/10.0
- ARV discount +5.4/15.0
- Rent growth +3.9/5.0
- 1% rule +3.8/10.0
- Livability +3.6/5.0
- Condition / age +2.5/5.0
- Schools +0.7/10.0
- Appreciation +0.0/10.0
$164,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
This spacious 3-bedroom, 2-bathroom Oklahoma City home has been thoughtfully updated and is ready for its new owners. Featuring a functional split floor plan, the layout provides a nice balance of open common areas and private retreats. The interior feels bright and inviting thanks to fresh paint and new flooring throughout. The kitchen serves as the heart of the home, now featuring new appliances and a modern tile backsplash. Both bathrooms have also been refreshed with new tile work, adding a clean, updated touch to the home’s essential spaces. Key Features: Move-In Ready: New flooring, fresh paint, and updated finishes throughout. Functional Kitchen: Equipped with brand-new appliances and a stylish new backsplash. Privacy-Minded Layout: Split floor plan separates the primary suite from the guest bedrooms. Convenience: Attached two-car garage provides plenty of space for parking and storage. Whether you are looking for a solid starter home or a low-maintenance move, this property offers all the right updates in a spacious, straightforward package.
Key facts
- 7,200 sq ft lot
- 2 garage spots
- Built 1962
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath single-family listed at $165k.
Deal economics
- At list price, monthly cash flow is $118 ($1k/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 $145k (11.8% below list).
- Recommended offer: $145k (11.8% below list) — sets the bar for 1% rule.
- Cap rate 7.1% vs local median 5.6% in Midwest 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 71/100 on livability (#30 in OK) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A; Watch: crime D+, employment D, amenities 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: Emerson Alternative Ed. (Es) (math 24% / reading 24%, grade F, #354 of 845 statewide, top 47%, 64 students, 0% FRL); Classen Ms of Advanced Studies (math 35% / reading 46%, grade F, #6 of 345 statewide, top 1%, 855 students, 0% FRL); Southeast Hs (math 8% / reading 17%, grade F, #355 of 447 statewide, top 80%, 854 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.
- Zoned-school proficiency averages 26% at this address vs 8% district-wide (+17 pts) — the actual schools serving this property are materially stronger than the Oklahoma City average implies; a family-tenant draw the district grade alone would hide.
- Market conditions: Rents rising fast (+5.7%/yr); 167 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 16d on market — plan ~3-4 weeks tenant-placement turnaround); 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 $5k 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 31 days — a 3% lower offer ($160k) is reasonable based on typical stale-listing flexibility.
- 7 sale attempts since 22y 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 $82k; list at $165k implies a 100% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- 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 31 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1962 — 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 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?
- Crime grade is D 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
- 0.88% ✗
- Cap rate
- 7.15%
- Cash-on-cash
- 3.06%
- DSCR
- 1.14
- GRM
- 9.5
CMA / ARV
- ARV (median comp)
- $157,508
- List price
- $164,900
- Delta
- 4.69%
- 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 |
|---|---|---|---|---|---|---|---|
| 637 Lotus Ave | 0.00mi | 3/2.0 | 1,439 (0%) | 1mo | $164,000 | $114 | 99 |
| 220 Oak Tree Ln | 0.51mi | 3/2.0 | 1,466 (+2%) | 2mo | $118,000 | $80 | 71 |
| 640 Moraine Ave | 0.08mi | 3/2.0 | 1,250 (-13%) | 7mo | $155,000 | $124 | 69 |
| 203 Oak Tree Ln | 0.56mi | 3/2.0 | 1,440 (+0%) | 7mo | $218,000 | $151 | 68 |
| 10128 NE 4th St | 0.45mi | 3/2.0 | 1,551 (+8%) | 3mo | $291,500 | $188 | 64 |
| 9621 NE 11th St | 0.43mi | 4/2.0 (+1) | 1,491 (+4%) | 7mo | $195,000 | $131 | 63 |
| 1415 N Lloyd Dr | 0.60mi | 4/2.0 (+1) | 1,500 (+4%) | 2mo | $64,000 | $43 | 59 |
| 140 Oak Tree Ln | 0.57mi | 3/2.0 | 1,306 (-9%) | 1mo | $175,000 | $134 | 57 |
| 129 Oak Tree Dr | 0.61mi | 3/2.0 | 1,309 (-9%) | 7mo | $190,000 | $145 | 50 |
| 916 N Pine St | 0.62mi | 3/2.0 | 1,620 (+13%) | 1mo | $137,000 | $85 | 49 |
| 416 Blue Spruce Dr | 0.66mi | 3/2.0 | 1,615 (+12%) | 2mo | $195,000 | $121 | 48 |
| 10116 Oak Park Dr | 0.68mi | 3/2.0 | 1,280 (-11%) | 3mo | $190,000 | $148 | 47 |
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 · 5.73% rent growth · sell at horizon
- IRR
- -8.7%
- Equity multiple
- 0.67×
- Total profit
- $-15,175
- Equity at exit
- $24,587
- IRR
- 3.8%
- Equity multiple
- 1.30×
- Total profit
- $14,050
- Equity at exit
- $14,258
Cash invested: $46,172 (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 73130
- Home prices YoY
- -21.0%
- Rents YoY
- 5.7%
- Active inventory
- 167
- Price-to-rent
- 9.5×
Monthly cashflow live
- Estimated rent
- $1,454 high interval (Pro) →
- Mortgage (P&I)
- −$865
- Tax from tax record
- −$97 /mo · $1,170/yr
- Insurance
- −$69
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$305
- Net cashflow
- $118
Break-even live
Sensitivity live
| Price | -10% $211 | -5% $164 | +0% $118 | +5% $71 | +10% $24 |
|---|---|---|---|---|---|
| Rent | -10% $3 | -5% $60 | +0% $118 | +5% $175 | +10% $232 |
| Rate | -1.0pp $201 | -0.5pp $160 | base $118 | +0.5pp $75 | +1.0pp $31 |
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
- $41,225
- Closing costs
- $4,947
- 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 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 633 Lotus Ave Oklahoma City, OK | 3.0 | 1.0 | 1038 | $1,300 | $1.25 | 12d | 1 | 0.01mi |
| 629 Lloyd Ave Oklahoma City, OK | 4.0 | 1.5 | 1213 | $1,095 | $0.90 | 5d | 1 | 0.12mi |
| 604 Moraine Ave Oklahoma City, OK | 3.0 | 1.5 | 1181 | $1,395 | $1.18 | 3d | 1 | 0.12mi |
| 645 Lloyd Ave Oklahoma City, OK | 4.0 | 1.5 | 1186 | $1,650 | $1.39 | 3d | 1 | 0.12mi |
| 721 Lloyd Ave Oklahoma City, OK | 4.0 | 2.5 | 1552 | $1,500 | $0.97 | 3d | 1 | 0.15mi |
| 801 Royal Ave Oklahoma City, OK | 3.0 | 1.0 | 951 | $1,200 | $1.26 | 18d | 1 | 0.18mi |
| 405 Lotus Ave Oklahoma City, OK | 3.0 | 2.0 | 1300 | $1,611 | $1.24 | 3d | 1 | 0.28mi |
| 9604 NE 11th St Oklahoma City, OK | 4.0 | 1.0 | 1280 | $1,795 | $1.40 | 3d | 1 | 0.43mi |
| 9528 McIntosh Ave Oklahoma City, OK | 3.0 | 2.0 | 1164 | $1,195 | $1.03 | 45d | 1 | 0.43mi |
| 9705 Oak Tree Ter Oklahoma City, OK | 3.0 | 2.0 | 1100 | $1,410 | $1.28 | 12d | 1 | 0.45mi |
| 600 N Poplar Ln Oklahoma City, OK | 3.0 | 2.0 | 1592 | $1,749 | $1.10 | 3d | 1 | 0.49mi |
| 1216 McGregor Dr Oklahoma City, OK | 4.0 | 1.5 | 1212 | $1,495 | $1.23 | 4d | 1 | 0.50mi |
| 217 Saint Charles Way Oklahoma City, OK | 4.0 | 2.0 | 1448 | $1,525 | $1.05 | 25d | 1 | 0.56mi |
| 1400 Alan Ln Oklahoma City, OK | 3.0 | 2.0 | 1288 | $1,495 | $1.16 | 45d | 1 | 0.62mi |
| 1400 Marydale Ave Oklahoma City, OK | 3.0 | 1.0 | 1082 | $1,150 | $1.06 | 17d | 1 | 0.73mi |
| 1525 N Christine Dr Oklahoma City, OK | 3.0 | 1.5 | 1264 | $1,035 | $0.82 | 4d | 1 | 0.76mi |
| 1525 McGregor Dr Oklahoma City, OK | 3.0 | 1.5 | 1012 | $1,275 | $1.26 | 3d | 1 | 0.77mi |
| 1617 N Christine Dr Oklahoma City, OK | 2.0 | 2.0 | 962 | $1,050 | $1.09 | 25d | 1 | 0.81mi |
| 10220 Isaac Dr Oklahoma City, OK | 3.0 | 1.0 | 1106 | $1,250 | $1.13 | 45d | 1 | 0.82mi |
| 8910 Oak Valley Dr Oklahoma City, OK | 2.0 | 2.0 | 935 | $1,000 | $1.07 | 22d | 1 | 0.85mi |
| 9212 Jennifer Pl Oklahoma City, OK | 3.0 | 2.0 | 960 | $1,250 | $1.30 | 45d | 1 | 0.90mi |
| 10400 Caton Pl Oklahoma City, OK | 3.0 | 2.0 | 1164 | $1,280 | $1.10 | 25d | 1 | 0.93mi |
| 201 Three Oaks Dr Oklahoma City, OK | 3.0 | 1.5 | 1818 | $1,625 | $0.89 | 25d | 1 | 0.95mi |
| 1809 Michell Dr Oklahoma City, OK | 3.0 | 1.0 | 1125 | $1,095 | $0.97 | 4d | 1 | 0.99mi |
| 1520 Patricia Dr Oklahoma City, OK | 3.0 | 1.0 | 1040 | $1,200 | $1.15 | 45d | 1 | 0.99mi |
| 910 N Oakview Dr Oklahoma City, OK | 3.0 | 2.0 | 1512 | $1,239 | $0.82 | 3d | 1 | 0.99mi |
| 1620 Cynthia Dr Oklahoma City, OK | 4.0 | 1.0 | 1203 | $1,450 | $1.21 | 45d | 1 | 1.00mi |
| 1617 Cynthia Dr Oklahoma City, OK | 4.0 | 1.0 | 1161 | $1,450 | $1.25 | 45d | 1 | 1.01mi |
| 1817 Tim Dr Oklahoma City, OK | 3.0 | 2.0 | 1373 | $1,399 | $1.02 | 3d | 1 | 1.02mi |
| 10831 NE 8th Ter Oklahoma City, OK | 3.0 | 2.0 | 1704 | $1,820 | $1.07 | 25d | 1 | 1.07mi |
| 236 Spirit Dr Midwest City, OK | 3.0 | 2.0 | 1350 | $1,600 | $1.19 | 4d | 1 | 1.09mi |
| 10601 Tumilty Ter Oklahoma City, OK | 4.0 | 2.0 | 1377 | $1,820 | $1.32 | 25d | 1 | 1.09mi |
| 8801 Saint George Way Oklahoma City, OK | 3.0 | 2.0 | 1122 | $1,175 | $1.05 | 12d | 1 | 1.11mi |
| 8801 Saint George Way Oklahoma City, OK | 3.0 | 2.0 | 1122 | $1,175 | $1.05 | 25d | 1 | 1.11mi |
| 1619 N Douglas Blvd Oklahoma City, OK | 3.0 | 2.0 | 1152 | $1,129 | $0.98 | 3d | 1 | 1.15mi |
| 8717 Saint George Way Oklahoma City, OK | 2.0 | 2.0 | 1075 | $1,150 | $1.07 | 25d | 1 | 1.21mi |
| 119 Woodman Dr Oklahoma City, OK | 3.0 | 2.0 | 1252 | $1,400 | $1.12 | 4d | 1 | 1.27mi |
| 3513 Parkwoods Ln Oklahoma City, OK | 3.0 | 1.5 | 903 | $1,150 | $1.27 | 46d | 1 | 1.27mi |
| 3721 Parkwoods Ln Oklahoma City, OK | 4.0 | 1.5 | 1266 | $1,625 | $1.28 | 3d | 1 | 1.27mi |
| 8511 Justin Pl Oklahoma City, OK | 2.0 | 1.0 | 962 | $950 | $0.99 | 16d | 1 | 1.32mi |
Listing history 20 events
-
2026-05-04status Pending 1078-char remark
Show marketing remark (1078 chars)
This spacious 3-bedroom, 2-bathroom Oklahoma City home has been thoughtfully updated and is ready for its new owners. Featuring a functional split floor plan, the layout provides a nice balance of open common areas and private retreats. The interior feels bright and inviting thanks to fresh paint and new flooring throughout. The kitchen serves as the heart of the home, now featuring new appliances and a modern tile backsplash. Both bathrooms have also been refreshed with new tile work, adding a clean, updated touch to the home’s essential spaces. Key Features: Move-In Ready: New flooring, fresh paint, and updated finishes throughout. Functional Kitchen: Equipped with brand-new appliances and a stylish new backsplash. Privacy-Minded Layout: Split floor plan separates the primary suite from the guest bedrooms. Convenience: Attached two-car garage provides plenty of space for parking and storage. Whether you are looking for a solid starter home or a low-maintenance move, this property offers all the right updates in a spacious, straightforward package.
-
2026-04-23price $164,900 1078-char remark
Show marketing remark (1078 chars)
This spacious 3-bedroom, 2-bathroom Oklahoma City home has been thoughtfully updated and is ready for its new owners. Featuring a functional split floor plan, the layout provides a nice balance of open common areas and private retreats. The interior feels bright and inviting thanks to fresh paint and new flooring throughout. The kitchen serves as the heart of the home, now featuring new appliances and a modern tile backsplash. Both bathrooms have also been refreshed with new tile work, adding a clean, updated touch to the home’s essential spaces. Key Features: Move-In Ready: New flooring, fresh paint, and updated finishes throughout. Functional Kitchen: Equipped with brand-new appliances and a stylish new backsplash. Privacy-Minded Layout: Split floor plan separates the primary suite from the guest bedrooms. Convenience: Attached two-car garage provides plenty of space for parking and storage. Whether you are looking for a solid starter home or a low-maintenance move, this property offers all the right updates in a spacious, straightforward package.
-
2026-04-03$169,900 Active 1078-char remark
Show marketing remark (1078 chars)
This spacious 3-bedroom, 2-bathroom Oklahoma City home has been thoughtfully updated and is ready for its new owners. Featuring a functional split floor plan, the layout provides a nice balance of open common areas and private retreats. The interior feels bright and inviting thanks to fresh paint and new flooring throughout. The kitchen serves as the heart of the home, now featuring new appliances and a modern tile backsplash. Both bathrooms have also been refreshed with new tile work, adding a clean, updated touch to the home’s essential spaces. Key Features: Move-In Ready: New flooring, fresh paint, and updated finishes throughout. Functional Kitchen: Equipped with brand-new appliances and a stylish new backsplash. Privacy-Minded Layout: Split floor plan separates the primary suite from the guest bedrooms. Convenience: Attached two-car garage provides plenty of space for parking and storage. Whether you are looking for a solid starter home or a low-maintenance move, this property offers all the right updates in a spacious, straightforward package.
-
2018-11-27soldstatus $82,500
-
2018-11-21soldstatus $82,500 Sold 511-char remark
Show marketing remark (511 chars)
Very Nice Home with Inlaw Plan ~ Large Living Area Added on the back of the House with a Fireplace, Ceiling Fan & Built-in Bookshelves ~ Master Bedroom has a full Bath ~ Old Living Room is used for a Large Dining Room but could also serve as an Office ~ Storage Building in Backyard ~ Updates Include... Hot Water Tank 2016 ~ AC Unit 2015 ~ Garbage Disposal 2017 ~ Lennox Furnace 2010 ~ Fresh Interior Paint 2018 ~ 2 Piers added on Room addition with a lifetime warranty ~ New Wood Vinyl Plank Flooring 2018
-
2018-10-23status Pending 511-char remark
Show marketing remark (511 chars)
Very Nice Home with Inlaw Plan ~ Large Living Area Added on the back of the House with a Fireplace, Ceiling Fan & Built-in Bookshelves ~ Master Bedroom has a full Bath ~ Old Living Room is used for a Large Dining Room but could also serve as an Office ~ Storage Building in Backyard ~ Updates Include... Hot Water Tank 2016 ~ AC Unit 2015 ~ Garbage Disposal 2017 ~ Lennox Furnace 2010 ~ Fresh Interior Paint 2018 ~ 2 Piers added on Room addition with a lifetime warranty ~ New Wood Vinyl Plank Flooring 2018
-
2018-10-17$82,500 Active 511-char remark
Show marketing remark (511 chars)
Very Nice Home with Inlaw Plan ~ Large Living Area Added on the back of the House with a Fireplace, Ceiling Fan & Built-in Bookshelves ~ Master Bedroom has a full Bath ~ Old Living Room is used for a Large Dining Room but could also serve as an Office ~ Storage Building in Backyard ~ Updates Include... Hot Water Tank 2016 ~ AC Unit 2015 ~ Garbage Disposal 2017 ~ Lennox Furnace 2010 ~ Fresh Interior Paint 2018 ~ 2 Piers added on Room addition with a lifetime warranty ~ New Wood Vinyl Plank Flooring 2018
-
2015-06-05soldstatus $74,700 Sold
-
2015-04-03status Pending
-
2015-04-02$74,700 Active
-
2014-04-14soldstatus $42,128
-
2014-01-17$45,000
-
2012-09-14historical
-
2011-12-16$59,000
-
2008-02-05soldstatus $57,000
-
2007-11-08$55,900
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2004-07-06soldstatus $75,500
-
2004-06-29soldstatus $75,260
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2004-01-30$73,000
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1977-10-01soldstatus $17,966
ⓘ 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
- $1,170 · $97/mo
- Projected year-2 tax
- $1,484 · $124/mo
- Expected delta
- +$315/yr (+$26/mo · 26.9%)
ⓘ 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 ≥107°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 · 2 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
- $17,446
- − Mortgage interest
- −$9,237
- − Property taxes
- −$1,170
- − Insurance
- −$824
- − Repairs & maintenance
- −$1,396
- − Management
- −$1,396
- − Depreciation
- −$4,797
- Taxable loss
- −$1,374
- Est. tax savings @ 24.0%
- +$330
- After-tax cash flow
- $1,741/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 — Midwest City
- Score
- 71/100
- State rank
- #30
- US rank
- #6637
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Midwest City, OK
- County
- Oklahoma County · 771,644 people
- City population
- 57,386
- Metro
- Oklahoma City, OK
- Population (ZIP)
- 21,476
- Household income
- $71,189
- Rent vs Own
- Severe rent burden
- 378.0
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 0.60)
- Race & ethnicity
- White 60% Black 18% Two or more races 14% Hispanic / Latino 7% Asian 2% Native American 2%
- Hispanic origin (detail)
- Mexican 6%
- Common ancestry
- Lithuanian 2% Slovak 2% Italian 2%
- Foreign-born
- 3% · Canada
- Languages at home
- 95% English-only · Spanish 3% Tagalog/Filipino 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
- ▼ -65.22%
- Current HPI
- 245.8385
- Rent YoY
- ▲ 5.73%
- 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
+817.8% since first listed20 events — show timeline
- 2026-05-04 Pending — MLSOK
- 2026-04-23 Price Changed $164,900 MLSOK
- 2026-04-03 Listed $169,900 MLSOK
- 2018-11-27 Sold (Public Records) $82,500 Public Records
- 2018-11-21 Sold (MLS) $82,500 MLSOK
- 2018-10-23 Pending — MLSOK
- 2018-10-17 Listed $82,500 MLSOK
- 2015-06-05 Sold (MLS) $74,700 MLSOK
- 2015-04-03 Pending — MLSOK
- 2015-04-02 Listed $74,700 MLSOK
- 2014-04-14 Sold (MLS) $42,128 MLSOK
- 2014-01-17 Listed $45,000 MLSOK
- 2012-09-14 Listing Removed — MLSOK
- 2011-12-16 Listed $59,000 MLSOK
- 2008-02-05 Sold (MLS) $57,000 MLSOK
- 2007-11-08 Listed $55,900 MLSOK
- 2004-07-06 Sold (Public Records) $75,500 Public Records
- 2004-06-29 Sold (MLS) $75,260 MLSOK
- 2004-01-30 Listed $73,000 MLSOK
- 1977-10-01 Sold (Public Records) $17,966 Public Records
Property tax history
+3.4%/yrLatest (2025): $1,170 · +1.7% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…