Real Estate Investing in Granite, Oklahoma (73547)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 73547 (Granite, 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: 26.8% 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 Granite, OK (73547)?
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Market Analysis: 73547 Granite
ZIP 73547 inside Granite, OK leans into a value-add thesis. Home values near $97K sit below the state median, and rents of $1,044/mo leave room for forced-equity plays.
BRRRR works in 73547 because the math supports it. Buy at $97K, rehab, and the refinance step typically recovers capital in a way that flat-yield markets cannot match.
Across Granite, pockets like 73547 represent the last affordable rungs of a rising ladder. The state-level data shows those rungs thinning.
Household income in 73547 supports the rent-lift thesis. 1,775 residents, deep working-age cohort, and the kind of tenant profile that responds to upgraded stock.
Flippers with local expertise can do well in 73547. Out-of-state investors should partner with boots-on-the-ground operators or skip the ZIP entirely.
Here's what matters if you're considering buying a home in Granite:
Market Trends
Home Value History (with trend line)
📊 How Does 73547 Compare?
| Metric | 73547 | Granite | Oklahoma |
|---|---|---|---|
| Home Value | $97,106 | $97,106 | $214,563 |
| 5-Year CAGR | 3.8% | 3.8% | 6.9% |
| Avg Rent | $1,044 | $1,044 | - |
| Cap Rate | 8.4% | 8.4% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 73547 (Granite, OK). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $97,106 |
| Monthly Rent | $1,044 |
| Price-to-Rent | 7.8:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 12.9% |
| Cap Rate | 8.4% |
| 5-Year IRR | 12.2% |
📈 Home Appreciation
| 1-Year | +11.0% ▲ |
| 3-Year CAGR | -0.9% ▼ |
| 5-Year CAGR | +3.8% ▲ |
| 10-Year CAGR | +2.7% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The estimated cap rate (8.4%) exceeds the current 30-yr mortgage rate (6.8%). When borrowing costs less than a property yields, leverage can increase your cash-on-cash return above the cap rate.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 73547
Population: 1,775
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 73547
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.
Frequently Asked Questions
Is Granite, OK good for house hacking?
The house hack math an attractive in Granite, OK. Owner-occupant buyers benefit from the $1,044/mo rents and $97K home values.
How do experienced investors play Granite, OK?
The best-fit strategy in Granite, OK is value-add and BRRRR deals. That approach the rent and price profile of the market.
Can investors hit the 1% rule in Granite, OK?
The 1% rule in Granite, OK is reasonable to achieve. Rent-to-price at the median ($1,044/mo on $97K) lands around 1.08%.
How much do tenants pay in Granite, OK?
Expect rents around $1,044/mo per month in Granite, OK. With home values at $97K, the yield math works out to reasonable levels for rental investors.
Can investors BRRRR in Granite, OK?
Granite, OK is a strong for BRRRR. Acquiring below market, rehabbing, and leasing at $1,044/mo produces solid refinance appraisals against $97K values.
You know 73547 now. You don’t know where it ranks.
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