Real Estate Investing in Mustang, Oklahoma (73064)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 73064 (Mustang, OK)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Mustang, OK (73064)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 73064 Mustang
From an investor standpoint, ZIP 73064 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $279K median. It rewards specialists, not generalists.
The investment case in 73064 is significant only for operators who understand what they are buying. A $279K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
ZIP 73064's metrics run below Canadian County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Who lives in 73064 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Strategy in 73064 is an operator game, not a passive one. Turning to rents, entry prices of $279K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Mustang:
Property Strategy for 73064
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $173,710 | $1,460 | 6.1% | +7.5% | $86,855 |
| 3BR | $244,875 | $1,970 | 5.8% | +7.3% | $81,625 |
| 4BR | $329,173 | $2,180 | 4.8% | +6.1% | $82,293 |
| 5BR | $459,718 | — | — | +6.8% | $91,944 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 73064 Compare?
| Metric | 73064 | Mustang | Oklahoma City, OK | Oklahoma |
|---|---|---|---|---|
| Home Value | $279,305 | $279,305 | N/A | $214,563 |
| 5-Year CAGR | 5.2% | 5.2% | N/A | 6.9% |
| Avg Rent | $1,705 | $1,705 | N/A | - |
| Cap Rate | 4.8% | 4.8% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 73064 (Mustang, OK). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $279,305 |
| Monthly Rent | $1,705 |
| Price-to-Rent | 13.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.3% |
| Cap Rate | 4.8% |
| 5-Year IRR | 10.0% |
📈 Home Appreciation
| 1-Year | +2.6% ▲ |
| 3-Year CAGR | +2.1% ▲ |
| 5-Year CAGR | +5.2% ▲ |
| 10-Year CAGR | +5.3% ▲ |
🏠 Rent Trends
| 1-Year | +6.8% ▲ |
| 3-Year CAGR | +5.1% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.8%). 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 73064
Population: 27,620
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 73064
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
Investor Insight: With 4,332 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Which real estate strategy fits Mustang, OK?
A careful cash-flow rentals with hands-on management strategy Mustang, OK best. The market produces steady results for that approach at the $279K price point.
Are landlord laws favorable in Mustang, OK?
The landlord environment in Mustang, OK is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
What do rentals go for in Mustang, OK?
Investors in Mustang, OK typically see rents near $1,705/mo per month against $279K home values - a solid setup for rental cash flow.
Can owner-occupants cash flow in Mustang, OK?
House hacking in Mustang, OK is reasonable to execute. Prices around $279K and rents of $1,705/mo solid owner-occupant economics.
Is Mustang, OK a smart market for rental property?
Mustang, OK rates 3.0/5 for investability. With median values at $279K and rents near $1,705/mo, the market offers reasonable fundamentals for rental investors.
You know 73064 now. You don’t know where it ranks.
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How 73064 ranks in Oklahoma City, OK
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