Real Estate Investing in Overbrook, Oklahoma (73453)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 73453 (Overbrook, OK)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 21.3% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 27.9 — hard to cash-flow at these prices.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Overbrook, OK (73453)?
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Market Analysis: 73453 Overbrook
Not every below-median market is a bargain. Overbrook's 73453 ZIP clocks in at signals that favor experienced operators who can absorb the risk $308K pricing implies.
Meanwhile, the numbers look inviting — $308K purchase price, 0.0% nominal cap — the work to hit that pro forma in 73453 is substantial and deserves full respect.
Regionally, 73453 sits on the difficult end of the OK spectrum. The a viable market for read — for disciplined operators — is that pricing reflects the difficulty.
On the rental side, 579 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
leans 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 Overbrook:
Market Trends
Home Value History (with trend line)
📊 How Does 73453 Compare?
| Metric | 73453 | Overbrook | Oklahoma |
|---|---|---|---|
| Home Value | $307,552 | $307,552 | $214,563 |
| 5-Year CAGR | 3.7% | 3.7% | 6.9% |
| Avg Rent | $918 | $918 | - |
| Cap Rate | 2.3% | 2.3% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 73453 (Overbrook, OK). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $307,552 |
| Monthly Rent | $918 |
| Price-to-Rent | 27.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.6% |
| Cap Rate | 2.3% |
| 5-Year IRR | 6.1% |
📈 Home Appreciation
| 1-Year | +0.8% ▲ |
| 3-Year CAGR | +0.5% ▲ |
| 5-Year CAGR | +3.7% ▲ |
| 10-Year CAGR | +5.4% ▲ |
🏠 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 (2.3%). 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 73453
Population: 579
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
🎓 Nearby Colleges & Universities
Investor Insight: With 694 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Are landlord laws favorable in Overbrook, OK?
For rental operators, Overbrook, OK rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
Is Overbrook, OK a smart market for rental property?
Yes - Overbrook, OK a 3.0/5 investability score. With $308K home prices against $918/mo monthly rent, the market delivers a reasonable entry point for new investors.
What price range are homes in Overbrook, OK?
Homes in Overbrook, OK typically sell near $308K. Prices have moved at a 0.0% 5-year CAGR, which predictable long-term demand.
Are rents high in Overbrook, OK?
Rental rates in Overbrook, OK average $918/mo. Tenant demand and $308K home values make the yield look reasonable by investor standards.
What is the typical renter like in Overbrook, OK?
The renter base in Overbrook, OK is reasonable for the $918/mo price point. Screening well and pricing to market typically yields steady tenants.
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