Real Estate Investing in Oklahoma City, Oklahoma (73127)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 73127 (Oklahoma City, OK)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 17.8% of homes vacant — above national norms.
- Elevated poverty: 24.3% poverty rate — can affect rent collection.
What’s happening in Oklahoma City, OK (73127)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 73127 Oklahoma City
Not every below-median market is a bargain. Oklahoma City's 73127 ZIP posts signals that favor experienced operators who can absorb the risk $190K pricing implies.
The investment case in 73127 is solid only for operators who understand what they are buying. A $190K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
ZIP 73127's metrics run below Oklahoma County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Resident income in 73127 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
New investors are better served looking at Oklahoma City's stable or hybrid ZIPs before stepping into 73127. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Oklahoma City:
Property Strategy for 73127
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $67,834 | $900 | 9.6% | +7.2% | $67,834 |
| 2BR | $132,021 | $1,100 | 6.0% | +5.8% | $66,011 |
| 3BR | $190,287 | $1,480 | 5.6% | +6.9% | $63,429 |
| 4BR | $245,274 | $1,640 | 4.8% | +5.8% | $61,319 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 73127 Compare?
| Metric | 73127 | Oklahoma City | Oklahoma City, OK | Oklahoma |
|---|---|---|---|---|
| Home Value | $190,161 | $142,912 | N/A | $214,563 |
| 5-Year CAGR | 4.8% | 4.1% | N/A | 6.9% |
| Avg Rent | $1,265 | $1,288 | N/A | - |
| Cap Rate | 5.2% | 5.0% | - | - |
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 73127 (Oklahoma City, OK). Anonymous, moderated, never written by AI.
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Property managers serving Oklahoma County
Manage rentals here? List your business →All County Heartland is a full-service residential property management company in Edmond, OK, focused on maximizing rental property revenue and maintaining investments. summary from their website
C-Star Management is a leader in property management, offering services for apartments, houses, and duplexes. summary from their website
Substancia Property Management offers single-family, multi-family, commercial, and HOA property management services in the Oklahoma City Metro and surrounding areas. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $190,161 |
| Monthly Rent | $1,265 |
| Price-to-Rent | 12.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.0% |
| Cap Rate | 5.2% |
| 5-Year IRR | 9.9% |
📈 Home Appreciation
| 1-Year | +2.2% ▲ |
| 3-Year CAGR | +1.6% ▲ |
| 5-Year CAGR | +4.8% ▲ |
| 10-Year CAGR | +6.2% ▲ |
🏠 Rent Trends
| 1-Year | +4.5% ▲ |
| 3-Year CAGR | +3.8% ▲ |
| 5-Year CAGR | N/A |
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.
Demographics in 73127
Population: 26,830
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 73127
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
LAKE PARK ES
APOLLO ES
OVERHOLSER ES
WESTERN OAKS MS
BRIDGESTONE ES
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 5,060 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What kind of market is Oklahoma City, OK for investors?
The 3.0/5 investability rating in Oklahoma City, OK reflects its $190K prices and $1,265/mo rents. Investors generally consider it a solid option within OK.
What monthly rent should investors expect in Oklahoma City, OK?
Rent in Oklahoma City, OK is around $1,265/mo. The resulting rent-to-value relationship with $190K pricing is reasonable for most investor models.
Is vacancy a concern in Oklahoma City, OK?
Vacancy in Oklahoma City, OK is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,265/mo.
Can I house hack in Oklahoma City, OK?
The a challenging house-hack environment in Oklahoma City, OK reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
What is the best play in Oklahoma City, OK?
Investors usually favor careful cash-flow rentals with hands-on management in Oklahoma City, OK. With home values at $190K and rents near $1,265/mo, other strategies can work but produce reliable rather than outsized returns.
You know 73127 now. You don’t know where it ranks.
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How 73127 ranks in Oklahoma City, OK
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