Real Estate Investing in Duke, Oklahoma (73532)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 73532 (Duke, OK)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 38.8% of homes vacant — above national norms.
• 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 Duke, OK (73532)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 73532 Duke
The 73532 ZIP covers a section of Duke that demands careful diligence. Prices near $151K look accessible, but the work to make a deal cash flow is real.
The 73532 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Statewide comparisons place 73532 among OK's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Demographically, 73532 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Experienced landlords with local relationships tend to find 73532 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 Duke:
Market Trends
Home Value History (with trend line)
📊 How Does 73532 Compare?
| Metric | 73532 | Duke | Oklahoma |
|---|---|---|---|
| Home Value | $151,350 | $151,350 | $214,563 |
| 5-Year CAGR | 4.4% | 4.4% | 6.9% |
| Avg Rent | $846 | $846 | - |
| Cap Rate | 4.4% | 4.4% | - |
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 73532 (Duke, OK). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 73532 (Duke, OK)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $151,350 |
| Monthly Rent | $846 |
| Price-to-Rent | 14.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.7% |
| Cap Rate | 4.4% |
| 5-Year IRR | 8.8% |
📈 Home Appreciation
| 1-Year | +8.0% ▲ |
| 3-Year CAGR | +1.7% ▲ |
| 5-Year CAGR | +4.4% ▲ |
| 10-Year CAGR | +4.2% ▲ |
🏠 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 (4.4%). 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 73532
Population: 421
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 73532
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
Does Duke, OK make sense for an investment property?
The 3.0/5 investability rating in Duke, OK reflects its $151K prices and $846/mo rents. Investors generally consider it a solid option within OK.
What is the tenant pool like in Duke, OK?
The tenant pool in Duke, OK is solid, supported by local employment and population fundamentals. Rents of $846/mo are well-absorbed by the market.
How tight is the rental market in Duke, OK?
Vacancy risk in Duke, OK is elevated. That supports reliable cash flow for typical rental holds.
Does house hacking work in Duke, OK?
House hacking in Duke, OK is reasonable to execute. Prices around $151K and rents of $846/mo solid owner-occupant economics.
Is Duke, OK better for rentals, flips, or BRRRR?
Duke, OK investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($151K prices, $846/mo rents) make it a reasonable choice.
You know 73532 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 73532 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
AI Market Advisor
Ask questions about investing in 73532 (Duke)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 73532 (Duke, OK).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.