Real Estate Investing in Binger, Oklahoma (73009)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Caddo • Population: 761 • Data updated: September 2026

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Should you buy in 73009 (Binger, OK)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (68/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
1 flag
  • High vacancy: 21.9% of homes vacant — above national norms.

• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Binger, OK (73009)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $125,968
Avg Monthly Rent $846
1% Rule ✗ Does Not Meet
Median Income $56,797
% Renters 22.4%

Market Analysis: 73009 Binger

ZIP 73009 inside Caddo looks affordable on the surface — median value of $126K — but the discount exists for reasons that a careful buyer should understand before committing.

If the plan assumes clean turnover, on-time rent, and low maintenance on a $126K asset, 73009 is the wrong submarket. If the plan prices in friction, the yield can still work.

In the broader OK picture, 73009 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.

The demographic picture in 73009 includes headwinds that any investor should price in. Income distribution skews lower than Binger averages, and tenant stability requires active management.

trends toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Binger:

C+ Average
Buy Confidence Score: 69/100
Affordability
25/25
Appreciation
14/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Affordable
Homes cost 2.2× the median income
Value Trend
Rising (+5.0%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $846/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.

Market Trends

Home Value History (with trend line)

$132K$114K$96K$79K$61K$43KJul 2006Jul 2016Jul 2026

📊 How Does 73009 Compare?

Metric 73009 Binger Oklahoma
Home Value $125,968 $125,968 $214,563
5-Year CAGR 2.3% 2.3% 6.9%
Avg Rent $846 $846 -
Cap Rate 5.2% 5.2% -
💡 Why Invest in 73009? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 73009 (Binger, OK). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
5.2%
Fair
5yr Growth
+2.3%
Slow

📊 Market Snapshot

Home Value $125,968
Monthly Rent $846
Price-to-Rent 12.4:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 8.1%
Cap Rate 5.2%
5-Year IRR 7.5%

📈 Home Appreciation

1-Year +5.0% ▲
3-Year CAGR +2.5% ▲
5-Year CAGR +2.3% ▲
10-Year CAGR +2.2% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 5.2%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.2%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
21.9%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+2.3%
Stable
Eviction process: Moderate Rent control: Favorable

Demographics in 73009

Population: 761

💰 Median Household Income
$56,797
This area
$56,797
State
$58,994
USA
$74,580
🏠 Renter Occupied
22.4%
This area
22.4%
State
25.6%
USA
34.0%
💼 Unemployment Rate
2.0%
This area
2.0%
State
-1.8%
USA
3.7%
🎓 College Educated
14.9%
This area
14.9%
State
14.2%
USA
33.7%
👤 Median Age
54.7 years
This area
54.7 years
State
30.2 years
USA
38.9 years
🏚️ Vacancy Rate
21.9%
This area
21.9%
State
20.2%
USA
10.5%
👥 Population by Ethnicity
White 71.3%
Other/Mixed 25.3%
Hispanic/Latino 3.5%
Black/African American 3.3%
Asian 0.3%
👶 Under 18
15.0%
This area
15.0%
USA
22.0%
👴 65 and Over
26.4%
This area
26.4%
USA
17.3%
📊 Poverty Rate
9.7%
This area
9.7%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 73009

B+ Avg School Grade
2 Schools
14.8:1 Avg Class Size
$14,207 Avg Per Pupil

Schools in This ZIP Code

B+ Above Average

BINGER-ONEY HS

📚 09 – 12 High School
👥
100 Students
👨‍🏫
13.5:1 Class Size
💰
$14,207 Per Student
B+ Above Average

BINGER-ONEY ES

📚 Pre-K – 08 School
👥
213 Students
👨‍🏫
16.2:1 Class Size
💰
$14,207 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

🎓 Nearby Colleges & Universities

1 Nearby 50 Off-Campus Students
C+
Caddo Kiowa Technology Center
352 students · 12.9 mi

Frequently Asked Questions

How much do tenants pay in Binger, OK?

Expect rents around $846/mo per month in Binger, OK. With home values at $126K, the yield math works out to reasonable levels for rental investors.

Is Binger, OK better for rentals, flips, or BRRRR?

Binger, OK investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($126K prices, $846/mo rents) make it a reasonable choice.

Is vacancy a concern in Binger, OK?

Rental vacancy in Binger, OK is elevated. Investors should budget normal turnover but not chronic empty units.

Is Binger, OK a friendly market for rental owners?

Binger, OK falls under OK landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.

How much should I expect to pay for a home in Binger, OK?

Expect median prices around $126K in Binger, OK. The market has run at a 0.0% 5-year CAGR, so entry costs have been predictable.

You know 73009 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 73009 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.

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