Real Estate Investing in Sayre, Oklahoma (73662)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 73662 (Sayre, OK)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 18.5% 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 Sayre, OK (73662)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 73662 Sayre
Not every below-median market is a bargain. Sayre's 73662 ZIP comes in at signals that favor experienced operators who can absorb the risk $125K pricing implies.
The 73662 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Nearby ZIPs in Sayre have seen price recovery that 73662 has not matched. Beckham County data supports the view that the spread is structural rather than temporary.
A solid renter share of 33% in 73662 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The 73662 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Sayre:
Property Strategy for 73662
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $51,428 | $1,030 | 14.4% | +3.2% | $25,714 |
| 3BR | $152,262 | $1,230 | 5.8% | +6.4% | $50,754 |
| 4BR | $233,487 | $1,480 | 4.6% | +6.2% | $58,372 |
Market Trends
Home Value History (with trend line)
📊 How Does 73662 Compare?
| Metric | 73662 | Sayre | Elk City, OK | Oklahoma |
|---|---|---|---|---|
| Home Value | $125,048 | $125,048 | N/A | $214,563 |
| 5-Year CAGR | 6.3% | 6.3% | N/A | 6.9% |
| Avg Rent | $927 | $927 | N/A | - |
| Cap Rate | 5.8% | 5.8% | - | - |
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 73662 (Sayre, OK). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 73662 (Sayre, OK)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $125,048 |
| Monthly Rent | $927 |
| Price-to-Rent | 11.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.9% |
| Cap Rate | 5.8% |
| 5-Year IRR | 12.1% |
📈 Home Appreciation
| 1-Year | +8.9% ▲ |
| 3-Year CAGR | +7.6% ▲ |
| 5-Year CAGR | +6.3% ▲ |
| 10-Year CAGR | +0.9% ▲ |
🏠 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 (5.8%). 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 73662
Population: 7,031
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 73662
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
What investment strategy works best in Sayre, OK?
Most investors in Sayre, OK run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
Do rentals sit vacant long in Sayre, OK?
Rental vacancy in Sayre, OK is elevated. Investors should budget normal turnover but not chronic empty units.
Are renters plentiful in Sayre, OK?
Working renters make up the core of the Sayre, OK tenant base. The pool is reasonable for investors targeting long-term holds.
Is Sayre, OK good for house hacking?
The house hack math a challenging in Sayre, OK. Owner-occupant buyers benefit from the $927/mo rents and $125K home values.
Does Sayre, OK favor landlords or tenants?
Rental owners in Sayre, OK deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
You know 73662 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 73662 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 73662 (Sayre)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 73662 (Sayre, OK).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.