Real Estate Investing in Mangum, Oklahoma (73554)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 73554 (Mangum, 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: 22.1% 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 Mangum, OK (73554)?
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Market Analysis: 73554 Mangum
In Mangum's 73554 ZIP, the arithmetic favors hands-on owners. Median home values stands at $66K, leaving spread for capex-heavy BRRRR or reposition strategies.
Flippers and value-add operators have treated 73554 as a working ZIP for a reason. Entry prices around $66K and a deep rental base of 33% renters underpin the exit strategy on both the sale and rent sides.
Relative to OK, 73554 reads as a working-capital ZIP — prices below average, renter share elevated at 33%, and room for operator-led upside.
Household income in 73554 supports the rent-lift thesis. 3,361 residents, deep working-age cohort, and the kind of tenant profile that responds to upgraded stock.
Value-add plays pencil in 73554 when three things line up: a sub-median purchase, a realistic rehab budget, and a post-rehab rent comp that stands up. All three are present in this ZIP.
Here's what matters if you're considering buying a home in Mangum:
Property Strategy for 73554
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $39,357 | $950 | 17.4% | +0.6% | $19,679 |
| 3BR | $87,798 | $1,320 | 10.8% | +4.5% | $29,266 |
| 4BR | $131,431 | $1,380 | 7.6% | — | $32,858 |
Market Trends
Home Value History (with trend line)
📊 How Does 73554 Compare?
| Metric | 73554 | Mangum | Oklahoma |
|---|---|---|---|
| Home Value | $66,405 | $66,405 | $214,563 |
| 5-Year CAGR | 3.7% | 3.7% | 6.9% |
| Avg Rent | $855 | $855 | - |
| Cap Rate | 10.0% | 10.0% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 73554 (Mangum, OK). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $66,405 |
| Monthly Rent | $855 |
| Price-to-Rent | 6.5:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 15.5% |
| Cap Rate | 10.0% |
| 5-Year IRR | 13.8% |
📈 Home Appreciation
| 1-Year | +3.3% ▲ |
| 3-Year CAGR | -1.3% ▼ |
| 5-Year CAGR | +3.7% ▲ |
| 10-Year CAGR | +0.0% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The estimated cap rate (10.0%) 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 73554
Population: 3,361
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 73554
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 monthly rent should investors expect in Mangum, OK?
Rent in Mangum, OK is around $855/mo. The resulting rent-to-value relationship with $66K pricing is reasonable for most investor models.
Is it possible to hit the 1% rule in Mangum, OK?
The median property in Mangum, OK ($66K at $855/mo rent) a 1.29% rent-to-price figure. Pure 1% deals require disciplined offer pricing.
What price range are homes in Mangum, OK?
Expect median prices around $66K in Mangum, OK. The market has run at a 0.0% 5-year CAGR, so entry costs have been reliable.
Can I live-in-and-rent in Mangum, OK?
House hacking in Mangum, OK is reasonable to execute. Prices around $66K and rents of $855/mo solid owner-occupant economics.
Which investment style suits Mangum, OK?
For Mangum, OK, value-add and BRRRR deals is the standard investor playbook. The market structure makes it a reasonable default approach.
You know 73554 now. You don’t know where it ranks.
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