Real Estate Investing in Walters, Oklahoma (73572)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 73572 (Walters, 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: 21.9% of homes vacant — above national norms.
- 1-year downturn: Values declined 3.2% in the last year.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Walters, OK (73572)?
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Market Analysis: 73572 Walters
From a cash-flow lens, ZIP 73572 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $105K median. It rewards specialists, not generalists.
Meanwhile, the numbers look inviting — $105K purchase price, 0.0% nominal cap — the work to hit that pro forma in 73572 is substantial and deserves full respect.
Nearby ZIPs in Walters have seen price recovery that 73572 has not matched. Cotton County data supports the view that the spread is structural rather than temporary.
Employment concentration in 73572 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Experienced landlords with local relationships tend to find 73572 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 Walters:
Property Strategy for 73572
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $56,226 | $960 | 12.3% | +4.2% | $28,113 |
| 3BR | $120,997 | $1,220 | 7.3% | +6.6% | $40,332 |
| 4BR | $190,542 | $1,610 | 6.1% | +7.5% | $47,635 |
Market Trends
Home Value History (with trend line)
📊 How Does 73572 Compare?
| Metric | 73572 | Walters | Lawton, OK | Oklahoma |
|---|---|---|---|---|
| Home Value | $104,794 | $104,794 | N/A | $214,563 |
| 5-Year CAGR | 4.3% | 4.3% | N/A | 6.9% |
| Avg Rent | $864 | $864 | N/A | - |
| Cap Rate | 6.4% | 6.4% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 73572 (Walters, OK). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $104,794 |
| Monthly Rent | $864 |
| Price-to-Rent | 10.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 9.9% |
| Cap Rate | 6.4% |
| 5-Year IRR | 10.7% |
📈 Home Appreciation
| 1-Year | -3.2% ▼ |
| 3-Year CAGR | +3.3% ▲ |
| 5-Year CAGR | +4.3% ▲ |
| 10-Year CAGR | +3.1% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (6.4%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 73572
Population: 3,194
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 73572
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
Are homes affordable in Walters, OK?
Walters, OK home values average about $105K. That price point suits investors targeting rentals with $864/mo in monthly income.
How tight is the rental market in Walters, OK?
Vacancy risk in Walters, OK is elevated. That supports measured cash flow for typical rental holds.
What is the tenant pool like in Walters, OK?
The tenant pool in Walters, OK is solid, supported by local employment and population fundamentals. Rents of $864/mo are well-absorbed by the market.
Are eviction rules reasonable in Walters, OK?
For rental operators, Walters, OK rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
Is real estate in Walters, OK a good investment right now?
Walters, OK scores 3.0/5 for investability. Home values sit at $105K and rents near $864/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
You know 73572 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 73572 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.
How 73572 ranks in Lawton, OK
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