803 Stansell Dr, Midwest City, OK 73110

Charming Starter Home or Turnkey Investment – Midwest City $130,000 | 1,410 sq ft | 3 Bed / 1.5 Bath Please note photos are old but are representative of the house's floor plan and finishes. Opportunity knocks in one of Midwest City's most desirable areas! This 3-bedroom, 1.5-bath, 1,410 sq ft home offers flexibility for investors and first-time buyers alike. The attached garage has been converted into a third bedroom with its own half bath — ideal for a guest suite, home office, or additional rental appeal. A dedicated laundry room adds convenience. 2nd LARGE family room. The home could use some updating, but its solid bones make it perfectly livable as-is while you renovate at your own pace — a great option for a hands-on family looking to build equity, or an investor seeking immediate cash flow. Investor highlights: Currently leased to a long-term tenant in place since January 2019, paying $1,000/month. Comparable rentals in the area command $1,400/month, with potential upside to $1,700/month once updates are made — built-in upside for the next owner. Buyer will be required to honor the existing lease at current rent for 6 months after closing. Positive cash flow with an 80% mortgage ($104,000) and $1,200 monthly rent (based on estimated $1,500/year taxes and $2,400/year insurance — a high-end estimate). Please do not disturb the tenant — showings and inquiries should go through the owner at the number listed. Whether you're searching for a home to grow into or an income property with room to run, this one is worth a look.