904 Fowler Ave · Poteau, OK 74953

$135,000

3 bd · 2.0 ba · 1,113 sqft · SingleFamily public records · 27 Days on market

Built 1984 6,970 sqft lot Est $140k · at est.

---

Why this score? — see what drove the C+ 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 +21.9/30.0
• ARV discount +9.2/15.0
• Appreciation +7.1/10.0
• DSCR +7.0/10.0
• 1% rule +4.9/10.0
• Livability +2.9/5.0
• Rent growth +2.5/5.0
• Schools +2.5/10.0
• Condition / age +2.5/5.0

Listing remarks MLS

3 bedroom 1 1/2 bathroom brick home Move in ready with Vinyl plank though out except in master bedroom Open floor plan with eat-in kitchen Over sized laundry room with plenty of space AC, roof and water all less then 5 years old .

Key facts

• Open floor plan
• Ac
• Roof

Tags

• BRICK HOME
• OPEN FLOOR PLAN
• EAT-IN KITCHEN
• OVER SIZED LAUNDRY ROOM
• AC
• ROOF

Property features AI

Finance

• Other: City lot on a public maintained road; Lot dimensions approximately 71 x 98

Exterior

• Parking: Attached carport; 1 covered parking space; Concrete parking surface
• Utilities: Public water; Public sewer; Electricity available; Natural gas available
• Home design: Single-family house; One story
• Construction: Brick construction; Shingle roof; Slab foundation; Built as residential single-family residence
• Exterior features: Back yard fencing; Outbuilding

Interior

• Kitchen: Range; Refrigerator; Plumbed for ice maker
• Flooring: Carpet; Vinyl
• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Central heating (natural gas); Central electric cooling; Ceiling fan(s)
• Interior features: Ceiling fan(s)
• Laundry & utility: Washer hookup; Electric dryer hookup; Gas water heater

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $135k.

Deal economics

• At list price, monthly cash flow is $213 ($3k/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 $134k (0.6% below list).
• Recommended offer: $133k (1.5% below list) — sets the bar for market timing.
• Cap rate 8.2% vs local median 3.8% in Poteau — 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 57/100 on livability (#485 in OK) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: crime D+, amenities F, commute F.
• Poteau (town): math 30% / reading 29% proficiency, ranked #68 of 270 in OK (top 25%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Poteau Upper Es (math 45% / reading 36%, grade F, #98 of 845 statewide, top 12%, 471 students, 0% FRL); Poteau Hs (math 22% / reading 32%, grade F, #125 of 447 statewide, top 31%, 636 students, 0% FRL) — zoned schools average 0% FRL vs 54% district-wide (54 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: 140 active listings in the ZIP; 73 units permitted in Le Flore County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $7k of equity ($933 loan paydown + $6k appreciation (4.2% local appreciation)).
• Le Flore County population projected at -13% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (4.2% appreciation + 3.0% rent growth), your $38k cash investment doubles in ~4 years — after that, you're playing with house money.
• By year 6, paydown + projected appreciation supports a ~$35k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 27 days — a 2% lower offer ($133k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 10y 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.

Recommended offer $132,975 (1.5% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. 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?
4. 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.
5. 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.
6. 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: 0.99% ✗
• Cap rate: 8.18%
• Cash-on-cash: 6.75%
• DSCR: 1.30
• GRM: 8.4

CMA / ARV

• ARV (on-the-fly): $140,238
• Comps found: 4

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
306 Grove Ave	0.34mi	3/1.0	1,086 (-2%)	12mo	$136,500	$126	66
600 Holson Ave	0.30mi	2/1.0 (-1)	1,008 (-9%)	1mo	$35,000	$35	60
502 Leflore Ave	0.35mi	2/1.0 (-1)	1,066 (-4%)	12mo	$55,000	$52	58
208 Blaylock St	0.53mi	3/1.5	1,200 (+8%)	9mo	$153,000	$128	53

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

4.22% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 16.8%
• Equity multiple: 2.02×
• Total profit: $38,704
• Equity at exit: $70,209

10-year hold

• IRR: 17.5%
• Equity multiple: 3.87×
• Total profit: $108,323
• Equity at exit: $116,260

Cash invested: $37,800 (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 74953

• Home prices YoY: 1.7%
• Active inventory: 140
• Price-to-rent: 8.4×

Monthly cashflow live

• Estimated rent: $1,342 medium
• Mortgage (P&I): −$708
• Tax from tax record: −$83 /mo · $999/yr
• Insurance: −$56
• HOA: −$0
• Vacancy / Maint / Mgmt: −$282
• Net cashflow: $213

Break-even live

Break-even rent $1,073

Max offer price $135,000

Occupancy floor 79%

Sensitivity live

Price	-10% $289	-5% $251	+0% $213	+5% $174	+10% $136
Rent	-10% $107	-5% $160	+0% $213	+5% $266	+10% $319
Rate	-1.0pp $281	-0.5pp $247	base $213	+0.5pp $178	+1.0pp $142

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: $33,750
• Closing costs: $4,050
• Reserves months: —
• Total cash needed: —

Listing history 24 events

1. 2026-06-21
   days on market $135,000 Active 27 DOM
2. 2026-06-21
   days on market $135,000 Active 26 DOM
3. 2026-06-18
   days on market $135,000 Active 24 DOM
4. 2026-06-17
   days on market $135,000 Active 23 DOM
5. 2026-06-16
   days on market $135,000 Active 22 DOM
6. 2026-06-15
   days on market $135,000 Active 21 DOM
7. 2026-06-13
   days on market $135,000 Active 19 DOM
8. 2026-06-12
   days on market $135,000 Active 18 DOM
9. 2026-06-09
   days on market $135,000 Active 15 DOM
10. 2026-06-08
    days on market $135,000 Active 14 DOM
11. 2026-06-08
    days on market $135,000 Active 13 DOM
12. 2026-06-07
    days on market $135,000 Active 12 DOM
13. 2026-06-04
    days on market $135,000 Active 9 DOM
14. 2026-06-02
    days on market $135,000 Active 8 DOM
15. 2026-06-01
    days on market $135,000 Active 7 DOM
16. 2026-05-31
    days on market $135,000 Active 6 DOM
17. 2026-05-25
    listed $135,000 Active
18. 2023-09-27
    soldstatus $120,000 Closed 232-char remark

    Show marketing remark (232 chars)

    3 bedroom 1 1/2 bathroom brick home Move in ready with Vinyl plank though out except in master bedroom Open floor plan with eat-in kitchen Over sized laundry room with plenty of space AC, roof and water all less then 5 years old .

19. 2023-09-26
    soldstatus $120,000
20. 2023-08-29
    status Pending 232-char remark

    Show marketing remark (232 chars)

    3 bedroom 1 1/2 bathroom brick home Move in ready with Vinyl plank though out except in master bedroom Open floor plan with eat-in kitchen Over sized laundry room with plenty of space AC, roof and water all less then 5 years old .

21. 2023-08-11
    listed $121,900 Active 232-char remark

    Show marketing remark (232 chars)

    3 bedroom 1 1/2 bathroom brick home Move in ready with Vinyl plank though out except in master bedroom Open floor plan with eat-in kitchen Over sized laundry room with plenty of space AC, roof and water all less then 5 years old .

22. 2017-02-15
    soldstatus $65,000 370-char remark

    Show marketing remark (370 chars)

    Neat & clean three bedroom , one & 1/2 bathroom brick home. Move in ready with neutral paint throughout. Beige berber carpet in living areas & bedrooms. Open floor plan with eat-in kitchen. Kitchen appliances included in the sale. Large laundry room with plenty of space for deep freeze. Fenced backyard with metal storage building. Quiet neighborhood.

23. 2017-02-15
    soldstatus $65,000

    Show marketing remark (370 chars)

    Neat & clean three bedroom , one & 1/2 bathroom brick home. Move in ready with neutral paint throughout. Beige berber carpet in living areas & bedrooms. Open floor plan with eat-in kitchen. Kitchen appliances included in the sale. Large laundry room with plenty of space for deep freeze. Fenced backyard with metal storage building. Quiet neighborhood.

24. 2016-10-24
    listed $65,000 370-char remark

    Show marketing remark (370 chars)

    Neat & clean three bedroom , one & 1/2 bathroom brick home. Move in ready with neutral paint throughout. Beige berber carpet in living areas & bedrooms. Open floor plan with eat-in kitchen. Kitchen appliances included in the sale. Large laundry room with plenty of space for deep freeze. Fenced backyard with metal storage building. Quiet neighborhood.

ⓘ 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: $999 · $83/mo
• Projected year-2 tax: $1,215 · $101/mo
• Expected delta: +$216/yr (+$18/mo · 21.6%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Taxation est. · year 1

• Rental income: $16,101
• − Mortgage interest: −$7,562
• − Property taxes: −$999
• − Insurance: −$675
• − Repairs & maintenance: −$1,288
• − Management: −$1,288
• − Depreciation: −$3,927
• Taxable income: $362
• Est. tax owed @ 24.0%: −$87
• After-tax cash flow: $2,464/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: Poteau
• NCES district ID: 4024870
• Math proficiency: 30% ▼ -4.00%
• Reading proficiency: 29% ▼ -4.00%
• Median HH income: $42,165
• Composite: 25.05/100
• National rank: #7546
• State rank: #68 of 270 in OK

Livability — Poteau

• Score: 57/100
• State rank: #485
• US rank: #22172

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Poteau, OK
• Population (ZIP): 12,284

Population outlook (Le Flore County) Hauer SSP2

• Today (2025): 48,504 people
• By 2030: 47,474 · -2.1%
• By 2040: 44,914 · -7.4%
• By 2050: 42,239 · -12.9%
• By 2075: 35,071 · -27.7%
• By 2100: 25,949 · -46.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (70%)
• Race & ethnicity: White 70% Hispanic / Latino 12% Native American 10% Two or more races 10% Black 1%
• Hispanic origin (detail): Mexican 11%
• Common ancestry: Slovak 2% Iranian 2% Serbian 1%
• Foreign-born: 7% · Canada
• Languages at home: 90% English-only · Spanish 10%

Political lean MEDSL · Le Flore

• 2024 margin: Solid R (+64.8) · D 17.0% · R 81.8% · Other 1.3%
• 2008→2024 swing: -26.1pp toward R · 2008: -38.6pp · 2024: -64.8pp
• All cycles: 2024: R+64.8 2020: R+63.4 2016: R+58.7 2012: R+41.1 2008: R+38.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 4.22%
• Current HPI: 252.3937
• Rent YoY: —
• Metro: —
• 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

+107.7% since first listed

8 events — show timeline

• 2026-05-25 Listed $135,000 WRVBOR
• 2023-09-27 Sold (MLS) $120,000 WRVBOR
• 2023-09-26 Sold (Public Records) $120,000 Public Records
• 2023-08-29 Pending — WRVBOR
• 2023-08-11 Listed $121,900 WRVBOR
• 2017-02-15 Sold (Public Records) $65,000 Public Records
• 2017-02-15 Sold (MLS) $65,000 WRVBOR
• 2016-10-24 Listed $65,000 WRVBOR

Property tax history

+11.6%/yr

Latest (2025): $999 · -0.2% YoY. Source: county tax records.