Real Estate Investing in Wayne, Oklahoma (73095)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 73095 (Wayne, 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.
- High vacancy: 13.0% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Wayne, OK (73095)?
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Market Analysis: 73095 Wayne
ZIP 73095 inside McClain County looks affordable on the surface — median value of $197K — but the discount exists for reasons that a careful buyer should understand before committing.
For an experienced owner, 73095 can be a an appealing option for hunting ground — but the discount at $197K reflects genuine risk that outside investors often underestimate.
In the broader OK picture, 73095 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Resident income in 73095 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Experienced landlords with local relationships tend to find 73095 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Wayne:
Market Trends
Home Value History (with trend line)
📊 How Does 73095 Compare?
| Metric | 73095 | Wayne | Oklahoma City, OK | Oklahoma |
|---|---|---|---|---|
| Home Value | $197,297 | $197,297 | N/A | $214,563 |
| 5-Year CAGR | 4.7% | 4.7% | N/A | 6.9% |
| Avg Rent | $909 | $909 | N/A | - |
| Cap Rate | 3.6% | 3.6% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 73095 (Wayne, OK). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $197,297 |
| Monthly Rent | $909 |
| Price-to-Rent | 18.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.5% |
| Cap Rate | 3.6% |
| 5-Year IRR | 8.3% |
📈 Home Appreciation
| 1-Year | +3.2% ▲ |
| 3-Year CAGR | +2.3% ▲ |
| 5-Year CAGR | +4.7% ▲ |
| 10-Year CAGR | +6.3% ▲ |
🏠 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 (3.6%). 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 73095
Population: 2,003
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 73095
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 rental rates like in Wayne, OK?
Average rent in Wayne, OK is approximately $909/mo per month. Against $197K home values that yields a reasonable rent-to-price ratio.
Is Wayne, OK landlord-friendly?
OK ranks as a landlord-friendly state for landlord-tenant law. Wayne generally follows the statewide framework, so landlords face reasonable operating rules.
How does Wayne, OK stack up for property investment?
Wayne, OK sits at an investability rating of 3.0/5, with median home values near $197K and average rents around $909/mo. That combination puts it in the durable tier for investor interest.
Do landlords face vacancy issues in Wayne, OK?
Expect elevated vacancy in Wayne, OK. Rents at $909/mo are absorbed by the tenant base without meaningful lag.
How viable is house hacking in Wayne, OK?
House hacking in Wayne, OK is a challenging. With home values around $197K and rents at $909/mo, owner-occupants can offset a meaningful share of PITI.
You know 73095 now. You don’t know where it ranks.
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How 73095 ranks in Oklahoma City, OK
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