Real Estate Investing in Jet, Oklahoma (73749)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 73749 (Jet, 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: 31.1% of homes vacant — above national norms.
ⓘ Read the numbers with care
- Volatile values — home values moved more than 35% in one year; the trend line deserves skepticism.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Jet, OK (73749)?
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Market Analysis: 73749 Jet
Within Alfalfa County, the 73749 ZIP registers a lower entry point around $67K. From a cash-flow lens, operators who can improve stock here typically see outsized uplift.
Value-add is the defining thesis in 73749. Homes trade near $67K, well below the state median, and rehabbed comps tend to clear meaningfully higher — a classic forced-equity setup.
In Alfalfa County, 73749 is part of the operational map, not the passive one. The spread between median price and renovated comp reflects the work available.
Household income in 73749 supports the rent-lift thesis. 447 residents, deep working-age cohort, and the kind of tenant profile that responds to upgraded stock.
BRRRR is the most natural fit. Buy under $67K, rehab, refinance, and the capital recycles in a way turnkey markets cannot replicate.
Here's what matters if you're considering buying a home in Jet:
Market Trends
Home Value History (with trend line)
📊 How Does 73749 Compare?
| Metric | 73749 | Jet | Oklahoma |
|---|---|---|---|
| Home Value | $66,783 | $66,783 | $214,563 |
| 5-Year CAGR | 2.2% | 2.2% | 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 73749 (Jet, OK). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $66,783 |
| Monthly Rent | $855 |
| Price-to-Rent | 6.5:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 15.4% |
| Cap Rate | 10.0% |
| 5-Year IRR | 12.2% |
📈 Home Appreciation
| 1-Year | +35.8% ▲ |
| 3-Year CAGR | +6.4% ▲ |
| 5-Year CAGR | +2.2% ▲ |
| 10-Year CAGR | +4.3% ▲ |
🏠 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 73749
Population: 447
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 73749
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 Jet in OK worth investing in?
With a 5.0/5 investability score, Jet, OK ranks as a solid market for rental property investors. Median prices of $67K and rents of $855/mo drive the underlying numbers.
Does the 1% rule work in Jet, OK?
The 1% rule in Jet, OK is reasonable to achieve. Rent-to-price at the median ($855/mo on $67K) lands around 1.28%.
What do landlords charge for rent in Jet, OK?
Average rent in Jet, OK is approximately $855/mo per month. Against $67K home values that yields a reasonable rent-to-price ratio.
What is the smart move for investors in Jet, OK?
The best-fit strategy in Jet, OK is value-add and BRRRR deals. That approach the rent and price profile of the market.
Does buy-rehab-rent-refinance work in Jet, OK?
BRRRR in Jet, OK is a strong. The interplay of $67K values and $855/mo rents creates reasonable refinance conditions.
You know 73749 now. You don’t know where it ranks.
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