1500 NE 30th St · Oklahoma City, OK 73111

$50,000

3 bd · 1.0 ba · 800 sqft · SingleFamily public records · 68 Days on market

Built 1961 Fair condition 3,350 sqft lot $62/sqft · 48% below area Est $96k · 48% 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 +30.0/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +4.0/5.0
• Rent growth +3.0/5.0
• Condition / age +2.2/5.0
• Schools +0.7/10.0
• Appreciation +0.0/10.0

Listing remarks

Charming home with great potential, perfect for investors or buyers looking to add their personal touch. This property is being sold as-is and will require repairs, making it an excellent opportunity for renovation or rental income. Featuring a convenient location just minutes from downtown and major highways, it offers easy access for commuting, shopping, and dining. With the right vision, this home can truly shine again. Buyer to verify all information. Owner is an Oklahoma real estate broker #161124.

Key facts

• 3,350 sq ft lot
• Built 1961
• Listed 68 days

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $50k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $565 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $50k).
• Recommended offer: $47k (6.0% below list) — sets the bar for market timing.
• Cap rate 19.8% vs local median 3.9% 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: Thelma R. Parks Es (math 2% / reading 2%, grade F, #802 of 845 statewide, top 100%, 472 students, 0% FRL); Classen Ms of Advanced Studies (math 35% / reading 46%, grade F, #6 of 345 statewide, top 1%, 855 students, 0% FRL); Douglass Hs (math 2% / reading 2%, grade F, #445 of 447 statewide, top 100%, 556 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 (+2.1%/yr); 110 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 61d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 72% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 5,365 units permitted in Oklahoma County in 2024 (569 in 5+ unit buildings).
• This rent runs 33% of the median local income ($40k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $346 of loan paydown is wiped out by about $2k 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 + 2.1% rent growth), your $14k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 68 days — a 6% lower offer ($47k) is reasonable based on typical stale-listing flexibility.
• 4 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 $15k; list at $50k implies a 233% 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.

Recommended offer $47,000 (6.0% below list)

Questions for the listing agent

1. It's been on market 68 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
3. Built in 1961 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. 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.
9. 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.
10. 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: 2.25% ✓
• Cap rate: 19.85%
• Cash-on-cash: 48.41%
• DSCR: 3.15
• GRM: 3.7

CMA / ARV

• ARV (median comp): $96,401
• List price: $50,000
• Delta: -48.13%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1714 NE 34th St	0.42mi	2/1.0 (-1)	836 (+4%)	8mo	$40,000	$48	62
1437 NE 34th St	0.34mi	2/1.0 (-1)	749 (-6%)	9mo	$94,500	$126	61
1016 NE 27th St	0.50mi	2/1.0 (-1)	760 (-5%)	18mo	$36,500	$48	48
2145 N Bath Ave	0.62mi	2/1.0 (-1)	720 (-10%)	4mo	$114,250	$159	46
2140 N Lottie Ave	0.68mi	3/1.0	864 (+8%)	14mo	$80,000	$93	43
1414 NE 26th St	0.27mi	2/1.0 (-1)	683 (-15%)	18mo	$27,500	$40	43
929 NE 32nd St	0.60mi	2/1.0 (-1)	915 (+14%)	4mo	$50,000	$55	40

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 · 2.13% rent growth · sell at horizon

5-year hold

• IRR: 45.0%
• Equity multiple: 2.92×
• Total profit: $26,895
• Equity at exit: $7,455

10-year hold

• IRR: 50.5%
• Equity multiple: 5.70×
• Total profit: $65,815
• Equity at exit: $4,323

Cash invested: $14,000 (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 →

Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 10 active · 4 under contract
• Months of supply: 8.6 mo (12%/mo absorbed)
• Median asking: $97,500 ($113/sqft)
• Median days on market: 40 d
• This list price: lowest-priced of the active set
• ARV vs active asking: +7.1% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 73111

• Home prices YoY: -13.6%
• Rents YoY: 2.1%
• Active inventory: 110
• Price-to-rent: 3.7×

Monthly cashflow live

• Estimated rent: $1,124 high
• Mortgage (P&I): −$262
• Tax from tax record: −$40 /mo · $485/yr
• Insurance: −$21
• HOA: −$0
• Vacancy / Maint / Mgmt: −$236
• Net cashflow: $565

Break-even live

Break-even rent $409

Max offer price $50,000

Occupancy floor 45%

Sensitivity live

Price	-10% $593	-5% $579	+0% $565	+5% $551	+10% $536
Rent	-10% $476	-5% $520	+0% $565	+5% $609	+10% $654
Rate	-1.0pp $590	-0.5pp $577	base $565	+0.5pp $552	+1.0pp $539

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: $12,500
• Closing costs: $1,500
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1438 NE 27th St Oklahoma City, OK	3.0	1.0	736	$1,000	$1.36	93d	1	0.19mi
2709 N Fonshill Ave Oklahoma City, OK	2.0	1.0	949	$1,100	$1.16	72d	1	0.21mi
1637 Bishop Bobby L Williams Dr Oklahoma City, OK	2.0	1.0	820	$1,150	$1.40	93d	1	0.21mi
1625 E Hill St Oklahoma City, OK	3.0	1.0	864	$1,195	$1.38	27d	1	0.28mi
1712 NE 25th St Oklahoma City, OK	4.0	1.0	1100	$1,550	$1.41	93d	1	0.35mi
1439 NE 24th St Oklahoma City, OK	3.0	1.0	874	$995	$1.14	11d	1	0.41mi
1701 NE 34th St Oklahoma City, OK	2.0	1.5	900	$1,000	$1.11	93d	1	0.42mi
1812 NE 24th St Oklahoma City, OK	3.0	1.0	1071	$1,175	$1.10	51d	1	0.44mi
1904 NE 25th St Oklahoma City, OK	2.0	1.0	939	$940	$1.00	17d	1	0.47mi
1921 NE 25th St Unit 3 Oklahoma City, OK	2.0	1.0	900	$875	$0.97	69d	1	0.48mi
1931 NE 25th St Unit 10 Oklahoma City, OK	2.0	1.0	900	$800	$0.89	20d	1	0.51mi
1931 NE 25th St Unit 10 Oklahoma City, OK	2.0	1.0	900	$875	$0.97	72d	1	0.51mi
2020 NE 30th St Oklahoma City, OK	3.0	1.0	1056	$1,150	$1.09	93d	1	0.53mi
1401 NE 22nd St Oklahoma City, OK	2.0	1.0	728	$1,100	$1.51	72d	1	0.54mi
2312 N Everest Ave Oklahoma City, OK	3.0	1.0	1100	$1,299	$1.18	93d	1	0.59mi
2225 Glen Ellyn St Oklahoma City, OK	2.0	1.0	1095	$925	$0.84	93d	1	0.66mi
2225 Glen Ellyn St Oklahoma City, OK	2.0	1.0	1095	$875	$0.80	28d	1	0.66mi
2713 Normandy St Oklahoma City, OK	3.0	1.0	1100	$895	$0.81	40d	1	0.69mi
2201 Glen Ellyn St Oklahoma City, OK	3.0	1.0	1082	$1,200	$1.11	17d	1	0.71mi
3610 Springlake Dr Unit 108 Oklahoma City, OK	2.0	1.5	1000	$999	$1.00	28d	1	0.73mi
2148 N Stonewall Ave Oklahoma City, OK	2.0	1.0	1055	$875	$0.83	47d	1	0.74mi
2148 N Stonewall Ave Oklahoma City, OK	2.0	1.0	1055	$875	$0.83	53d	1	0.74mi
1321 NE 39th St Oklahoma City, OK	2.0	1.0	856	$1,000	$1.17	28d	1	0.74mi
1722 NE 20th St Oklahoma City, OK	2.0	1.0	800	$1,070	$1.34	93d	1	0.76mi
2128 N Stonewall Ave Unit 1 Oklahoma City, OK	2.0	1.0	960	$800	$0.83	52d	1	0.77mi
846 Marilyn St Oklahoma City, OK	3.0	1.0	1000	$1,049	$1.05	93d	1	0.80mi
2300 Granada Blvd Oklahoma City, OK	3.0	1.0	999	$1,000	$1.00	61d	1	0.80mi
1727 NE 19th St Oklahoma City, OK	3.0	1.0	892	$995	$1.12	93d	1	0.80mi
2112 NE 23rd St Oklahoma City, OK	3.0	1.0	1117	$1,070	$0.96	66d	1	0.81mi
1601 NE 18th St Oklahoma City, OK	2.0	1.0	1108	$1,200	$1.08	41d	1	0.84mi
736 NE 26th St Oklahoma City, OK	2.0	1.0	927	$1,050	$1.13	51d	1	0.84mi
1609 NE 18th St Oklahoma City, OK	2.0	1.0	899	$900	$1.00	53d	1	0.84mi
714 NE 27th St Unit 4 Oklahoma City, OK	2.0	1.0	950	$845	$0.89	72d	1	0.86mi
714 NE 27th St Unit 4 Oklahoma City, OK	2.0	1.0	950	$845	$0.89	47d	1	0.86mi
2107 Hardin Dr Oklahoma City, OK	3.0	1.0	999	$875	$0.88	93d	1	0.89mi
704 NE 31st St Oklahoma City, OK	3.0	1.0	952	$1,300	$1.37	93d	1	0.89mi
2700 N Lindsay Ave Unit 714-4 Oklahoma City, OK	2.0	1.0	750	$845	$1.13	15d	1	0.89mi
2321 NE 25th St Oklahoma City, OK	2.0	1.0	1097	$1,000	$0.91	17d	1	0.91mi
2321 NE 25th St Oklahoma City, OK	2.0	1.0	1097	$1,000	$0.91	16d	1	0.91mi
1801 N Jordan Ave Oklahoma City, OK	2.0	1.0	1080	$1,000	$0.93	63d	1	0.91mi

Property features AI

Finance

• Other: Homestead not indicatedListed as activeLiving area reported as 800 (source: assessor)Directions: From NE 30th and Martin Luther King go west. Home sits on the corner
• Financial info: Not assumable
• HOA & community: No mandatory association dues

Exterior

• Home design: Single family residenceOne storyResidential propertyLocated in Ethels Park Place additionExisting property
• Construction: Frame constructionShingle roofCombination foundationBuilt (existing structure)
• Exterior features: Corner lotNo additional exterior features listed

Interior

• Bedrooms: 3 bedrooms
• Bathrooms: 1 full bathroom
• Interior features: One living areaNo fireplace

Listing history 30 events

1. 2026-06-30
   days on market $50,000 Active 68 DOM
2. 2026-06-29
   days on market $50,000 Active 67 DOM
3. 2026-06-28
   days on market $50,000 Active 66 DOM
4. 2026-06-27
   days on market $50,000 Active 65 DOM
5. 2026-06-27
   days on market $50,000 Active 64 DOM
6. 2026-06-25
   days on market $50,000 Active 62 DOM
7. 2026-06-22
   days on market $50,000 Active 60 DOM
8. 2026-06-21
   days on market $50,000 Active 59 DOM
9. 2026-06-18
   days on market $50,000 Active 56 DOM
10. 2026-06-17
    days on market $50,000 Active 55 DOM
11. 2026-06-16
    days on market $50,000 Active 54 DOM
12. 2026-06-15
    days on market $50,000 Active 53 DOM
13. 2026-06-13
    days on market $50,000 Active 51 DOM
14. 2026-06-09
    days on market $50,000 Active 47 DOM
15. 2026-06-08
    days on market $50,000 Active 46 DOM
16. 2026-06-07
    days on market $50,000 Active 45 DOM
17. 2026-06-05
    days on market $50,000 Active 42 DOM
18. 2026-06-03
    days on market $50,000 Active 41 DOM
19. 2026-06-02
    days on market $50,000 Active 40 DOM
20. 2026-06-01
    days on market $50,000 Active 39 DOM
21. 2026-05-31
    days on market $50,000 Active 38 DOM
22. 2026-04-23
    listed $50,000 Active 508-char remark
23. 2025-04-01
    status Active
24. 2025-03-31
    historical
25. 2025-01-30
    listed $75,000 Active
26. 2024-06-01
    historical
27. 2024-04-17
    price $85,000
28. 2024-04-15
    price $50,000
29. 2024-04-04
    listed $85,000 Active
30. 1984-11-01
    soldstatus $15,000

ⓘ 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: $485 · $40/mo
• Projected year-2 tax: $485 · $40/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 3% 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: $13,491
• − Mortgage interest: −$2,801
• − Property taxes: −$485
• − Insurance: −$250
• − Repairs & maintenance: −$1,079
• − Management: −$1,079
• − Depreciation: −$1,455
• Taxable income: $6,343
• Est. tax owed @ 24.0%: −$1,522
• After-tax cash flow: $5,255/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.

Condition & rehab AI · 2 photos

Fair 45/100 Moderate rehab Est. rehab $20,000–$36,000 screening

This single-family home requires moderate repairs and maintenance, particularly in the exterior and landscaping, to improve its resale and rental value.

Components & finishes AI

Roof asphalt shingle · good

Deferred maintenance Est. $2,000–$8,000 screening

• Minor Roof (roof) — No visible signs of damage or wear on the roof.
• Minor Windows (windows) — No visible signs of damage or wear on the windows.
• Minor Electrical (electrical) — No visible signs of damage or wear on the electrical components.
• Minor Exterior (exterior) — No visible signs of damage or wear on the exterior.

Repairs flagged

• Major Paint — Paint is faded and needs repainting
• Major Siding — Siding appears weathered and may need replacement

Value-add opportunities

• Both Painting and repainting the exterior — Enhances curb appeal and resale value ↑
• Both Landscaping improvements — Improves curb appeal and rental value ↑

ⓘ Rehab cost is a screening estimate — Moderate scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 7/100

Zoned Schools

Elementary Thelma R. Parks Es F OK #802/845 Nat'l #41,309/41,679 Middle Emerson Alternative Ed. (Ms) F OK #192/345 Nat'l #12,247/14,009 High Douglass Hs F OK #445/447 Nat'l #17,145/17,239

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

A Composite livability gradescore 80/100

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 · 911,875 people
• City population: 498,656
• Metro: Oklahoma City, OK
• Population (ZIP): 10,727
• Household income: $40,340
• Rent vs Own: 45.8% rent · 54.2% own
• Severe rent burden: 16% of renters

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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%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (76%)
• Race & ethnicity: Black 76% White 13% Two or more races 7% Hispanic / Latino 6% Native American 2%
• Hispanic origin (detail): Mexican 4%
• Foreign-born: 2% · Canada
• Languages at home: 94% English-only · Spanish 6%

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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: ▼ -34.64%
• Current HPI: 220.6395
• Rent YoY: ▲ 2.13%
• Metro: Oklahoma City, OK
• State GDP YoY: ▲ 1.55%
• F500 in state: 6

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Industry mix (Fortune 500 HQ in OK)

Industry	F500 HQs	Revenue
▸Energy	3	$48B

Property features AI

Finance

• Other: Homestead not indicatedListed as activeLiving area reported as 800 (source: assessor)Directions: From NE 30th and Martin Luther King go west. Home sits on the corner
• Financial info: Not assumable
• HOA & community: No mandatory association dues

Exterior

• Home design: Single family residenceOne storyResidential propertyLocated in Ethels Park Place additionExisting property
• Construction: Frame constructionShingle roofCombination foundationBuilt (existing structure)
• Exterior features: Corner lotNo additional exterior features listed

Interior

• Bedrooms: 3 bedrooms
• Bathrooms: 1 full bathroom
• Interior features: One living areaNo fireplace

Price history

+233.3% since first listed

9 events — show timeline

• 2026-04-23 Listed $50,000 MLSOK
• 2025-04-01 Relisted — MLSOK
• 2025-03-31 Listing Removed — MLSOK
• 2025-01-30 Listed $75,000 MLSOK
• 2024-06-01 Listing Removed — MLSOK
• 2024-04-17 Price Changed $85,000 MLSOK
• 2024-04-15 Price Changed $50,000 MLSOK
• 2024-04-04 Listed $85,000 MLSOK
• 1984-11-01 Sold (Public Records) $15,000 Public Records

Property tax history

+12.3%/yr

Latest (2025): $485 · +4.2% YoY. Source: county tax records.