Real Estate Investing in Enid, Oklahoma (73703)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 73703 (Enid, 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.
- Elevated vacancy: 10.9% vacancy may signal weakening demand.
What’s happening in Enid, OK (73703)?
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Market Analysis: 73703 Enid
ZIP 73703 in Enid, OK carries a impressive set of headwinds. Home values near $195K and rents of $1,397/mo sit inside a market where underwriting has to be tight.
Distressed markets are won on execution, not on spreadsheets. ZIP 73703 reports the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Within OK, ZIP 73703 trails on several market indicators that neighboring Garfield County submarkets outperform. The gap is real and durable enough to shape underwriting.
The demographic picture in 73703 includes headwinds that any investor should price in. Income distribution skews lower than Enid averages, and tenant stability requires active management.
Distressed ZIPs reward experience. resilient returns are possible in 73703, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Enid:
Property Strategy for 73703
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $102,787 | $1,130 | 7.9% | +6.0% | $51,393 |
| 3BR | $181,963 | $1,470 | 5.8% | +4.8% | $60,654 |
| 4BR | $318,845 | $1,500 | 3.4% | +4.4% | $79,711 |
| 5BR | $435,273 | — | — | +4.3% | $87,055 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 73703 Compare?
| Metric | 73703 | Enid | Enid, OK | Oklahoma |
|---|---|---|---|---|
| Home Value | $194,704 | $68,658 | N/A | $214,563 |
| 5-Year CAGR | 4.3% | 3.9% | N/A | 6.9% |
| Avg Rent | $1,397 | $1,111 | N/A | - |
| Cap Rate | 5.6% | 6.8% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 73703 (Enid, OK). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $194,704 |
| Monthly Rent | $1,397 |
| Price-to-Rent | 11.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.6% |
| Cap Rate | 5.6% |
| 5-Year IRR | 9.9% |
📈 Home Appreciation
| 1-Year | +4.3% ▲ |
| 3-Year CAGR | +3.5% ▲ |
| 5-Year CAGR | +4.3% ▲ |
| 10-Year CAGR | +2.9% ▲ |
🏠 Rent Trends
| 1-Year | +16.9% ▲ |
| 3-Year CAGR | +9.5% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.6%). 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 73703
Population: 29,722
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 73703
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.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
How much do tenants pay in Enid, OK?
Rental rates in Enid, OK average $1,397/mo. Tenant demand and $195K home values make the yield look reasonable by investor standards.
How deep is the rental pool in Enid, OK?
Enid, OK offers a stable renter base at the $1,397/mo rent level. Tenant turnover is reasonable for well-managed properties.
How tight is the rental market in Enid, OK?
Enid, OK vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
What is the typical home price in Enid, OK?
Enid, OK home values average about $195K. That price point suits investors targeting rentals with $1,397/mo in monthly income.
What is the investability score for Enid, OK?
Enid, OK rates 3.0/5 for investability. With median values at $195K and rents near $1,397/mo, the market offers reasonable fundamentals for rental investors.
You know 73703 now. You don’t know where it ranks.
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How 73703 ranks in Enid, OK
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