Real Estate Investing in Calumet, Oklahoma (73014)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 73014 (Calumet, OK)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 11.7% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Calumet, OK (73014)?
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Market Analysis: 73014 Calumet
In practical terms, ZIP 73014 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $272K median. It rewards specialists, not generalists.
Rent of $1,044/mo on a $272K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 73014 sits below the stated 0.0% once reality is priced in.
Looking more closely, 73014 offers a low basis, the region around Calumet has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Resident income in 73014 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
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.
Here's what matters if you're considering buying a home in Calumet:
Market Trends
Home Value History (with trend line)
📊 How Does 73014 Compare?
| Metric | 73014 | Calumet | Oklahoma |
|---|---|---|---|
| Home Value | $271,600 | $271,600 | $214,563 |
| 5-Year CAGR | 4.8% | 4.8% | 6.9% |
| Avg Rent | $1,044 | $1,044 | - |
| Cap Rate | 3.0% | 3.0% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 73014 (Calumet, OK). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $271,600 |
| Monthly Rent | $1,044 |
| Price-to-Rent | 21.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.6% |
| Cap Rate | 3.0% |
| 5-Year IRR | 7.8% |
📈 Home Appreciation
| 1-Year | +7.9% ▲ |
| 3-Year CAGR | +2.8% ▲ |
| 5-Year CAGR | +4.8% ▲ |
| 10-Year CAGR | +6.4% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.0%). 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.
Demographics in 73014
Population: 1,303
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 73014
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
What are home prices like in Calumet, OK?
Median home price in Calumet, OK is near $272K, with a 5-year CAGR of 0.0%. Prices have been reliable and supportive of buy-and-hold strategies.
Is Calumet, OK a friendly market for rental owners?
For rental operators, Calumet, OK rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
Are tenants stable in Calumet, OK?
Calumet, OK draws a predictable base of working renters. Demand at the $1,044/mo rent level is reasonable for standard single-family and small multi rentals.
What is the best play in Calumet, OK?
For Calumet, OK, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
How tight is the rental market in Calumet, OK?
Calumet, OK carries elevated vacancy risk. Expect reliable absorption at market rents of $1,044/mo.
You know 73014 now. You don’t know where it ranks.
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