Real Estate Investing in Anadarko, Oklahoma (73005)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 73005 (Anadarko, OK)? Our answer, based on the numbers below.
Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 21.4% of homes vacant — above national norms.
- Flat appreciation: Values have barely moved over 5 years (0.8% CAGR).
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Anadarko, OK (73005)?
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Market Analysis: 73005 Anadarko
The 73005 ZIP registers an notable value-add profile — below-median pricing at $71K, a renter base of 33%, and room for operational improvement.
Value-add is the defining thesis in 73005. Homes trade near $71K, well below the state median, and rehabbed comps tend to clear meaningfully higher — a classic forced-equity setup.
Regionally, 73005 sits on the affordable end of the Caddo County map. Put differently, the absolute numbers are modest, the spread between acquisition price and post-rehab value is wider than in turnkey ZIPs.
A renter-heavy, wage-earner demographic anchors 73005. Value-add players rely on that mix — the 33% share is both the tenant source and the buyer pool for future owner-occupied exits.
Experienced operators with contractor networks find 73005 a credible choice for. First-time flippers often underestimate scope, budget, and timeline, which is how deals here turn sour.
Here's what matters if you're considering buying a home in Anadarko:
Property Strategy for 73005
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $37,925 | $940 | 17.8% | +0.8% | $18,962 |
| 3BR | $106,297 | $1,160 | 7.9% | +5.2% | $35,432 |
| 4BR | $136,951 | $1,240 | 6.5% | — | $34,238 |
Market Trends
Home Value History (with trend line)
📊 How Does 73005 Compare?
| Metric | 73005 | Anadarko | Oklahoma |
|---|---|---|---|
| Home Value | $70,860 | $70,860 | $214,563 |
| 5-Year CAGR | 0.8% | 0.8% | 6.9% |
| Avg Rent | $846 | $846 | - |
| Cap Rate | 9.3% | 9.3% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 73005 (Anadarko, OK). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $70,860 |
| Monthly Rent | $846 |
| Price-to-Rent | 7.0:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 14.3% |
| Cap Rate | 9.3% |
| 5-Year IRR | 10.1% |
📈 Home Appreciation
| 1-Year | +2.8% ▲ |
| 3-Year CAGR | +0.4% ▲ |
| 5-Year CAGR | +0.8% ▲ |
| 10-Year CAGR | -0.3% ▼ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The estimated cap rate (9.3%) exceeds the current 30-yr mortgage rate (6.8%). When borrowing costs less than a property yields, leverage can increase your cash-on-cash return above the cap rate.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 73005
Population: 7,760
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 73005
Schools in This ZIP Code
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
Frequently Asked Questions
Is Anadarko in OK worth investing in?
The 4.0/5 investability rating in Anadarko, OK reflects its $71K prices and $846/mo rents. Investors generally consider it a solid option within OK.
What is the best play in Anadarko, OK?
Investors usually favor value-add and BRRRR deals in Anadarko, OK. With home values at $71K and rents near $846/mo, other strategies can work but produce measured rather than outsized returns.
Does house hacking work in Anadarko, OK?
The house hack math an attractive in Anadarko, OK. Owner-occupant buyers benefit from the $846/mo rents and $71K home values.
What is the average home sale price in Anadarko, OK?
The median home value in Anadarko, OK is roughly $71K. That puts it reasonable relative to the OK statewide average.
Can investors BRRRR in Anadarko, OK?
Yes - BRRRR is a strong in Anadarko, OK. The $71K home values and $846/mo rents anchor the refinance math.
You know 73005 now. You don’t know where it ranks.
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