Real Estate Investing in Arnett, Oklahoma (73832)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 73832 (Arnett, 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: 28.1% 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 Arnett, OK (73832)?
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Market Analysis: 73832 Arnett
The 73832 ZIP in Arnett, OK is a local-operator market. Outside capital chasing a $123K entry has to pair deep knowledge with the discount.
Rent of $846/mo on a $123K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 73832 sits below the stated 0.0% once reality is priced in.
Nearby ZIPs in Arnett have seen price recovery that 73832 has not matched. Ellis County data supports the view that the spread is structural rather than temporary.
Who lives in 73832 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Strategy in 73832 is an operator game, not a passive one. From a cash-flow lens, entry prices of $123K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Arnett:
Market Trends
Home Value History (with trend line)
📊 How Does 73832 Compare?
| Metric | 73832 | Arnett | Woodward, OK | Oklahoma |
|---|---|---|---|---|
| Home Value | $123,060 | $123,060 | N/A | $214,563 |
| 5-Year CAGR | 2.2% | 2.2% | N/A | 6.9% |
| Avg Rent | $846 | $846 | N/A | - |
| Cap Rate | 5.4% | 5.4% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 73832 (Arnett, OK). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $123,060 |
| Monthly Rent | $846 |
| Price-to-Rent | 12.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.3% |
| Cap Rate | 5.4% |
| 5-Year IRR | 7.5% |
📈 Home Appreciation
| 1-Year | +2.6% ▲ |
| 3-Year CAGR | -1.5% ▼ |
| 5-Year CAGR | +2.2% ▲ |
| 10-Year CAGR | +3.3% ▲ |
🏠 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 (5.4%). 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 73832
Population: 1,012
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 73832
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 Arnett, OK a good place for real estate investing?
Arnett, OK sits at an investability rating of 3.0/5, with median home values near $123K and average rents around $846/mo. That combination puts it in the notable tier for investor interest.
Where do home prices stand in Arnett, OK?
Arnett, OK home values average about $123K. That price point suits investors targeting rentals with $846/mo in monthly income.
How much is rent in Arnett, OK?
Arnett, OK rentals go for roughly $846/mo a month. That puts gross yield in solid territory relative to $123K acquisition costs.
Is Arnett, OK good for landlords?
For rental operators, Arnett, OK rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
Should investors worry about vacancy in Arnett, OK?
Vacancy in Arnett, OK is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $846/mo.
You know 73832 now. You don’t know where it ranks.
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How 73832 ranks in Woodward, OK
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