Real Estate Investing in Kremlin, Oklahoma (73753)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 73753 (Kremlin, OK)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 12.9% of homes vacant — above national norms.
• 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 Kremlin, OK (73753)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 73753 Kremlin
This part of Garfield is not an easy win. The 73753 ZIP reflects softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Looking more closely, the numbers look inviting — $187K purchase price, 0.0% nominal cap — the work to hit that pro forma in 73753 is substantial and deserves full respect.
ZIP 73753's metrics run below Garfield's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Who lives in 73753 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
New investors are better served looking at Kremlin's stable or hybrid ZIPs before stepping into 73753. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Kremlin:
Market Trends
Home Value History (with trend line)
📊 How Does 73753 Compare?
| Metric | 73753 | Kremlin | Oklahoma |
|---|---|---|---|
| Home Value | $187,090 | $187,090 | $214,563 |
| 5-Year CAGR | 3.4% | 3.4% | 6.9% |
| Avg Rent | $954 | $954 | - |
| Cap Rate | 4.0% | 4.0% | - |
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 73753 (Kremlin, OK). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 73753 (Kremlin, OK)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $187,090 |
| Monthly Rent | $954 |
| Price-to-Rent | 16.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.1% |
| Cap Rate | 4.0% |
| 5-Year IRR | 7.3% |
📈 Home Appreciation
| 1-Year | +5.6% ▲ |
| 3-Year CAGR | +1.9% ▲ |
| 5-Year CAGR | +3.4% ▲ |
| 10-Year CAGR | +3.2% ▲ |
🏠 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 (4.0%). 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 73753
Population: 402
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 73753
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
What is the smart move for investors in Kremlin, OK?
Most investors in Kremlin, 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.
Is housing expensive in Kremlin, OK?
Kremlin, OK median home values land near $187K. That is reasonable territory for investors looking at $954/mo-per-month rentals.
Are rents high in Kremlin, OK?
Kremlin, OK rentals go for roughly $954/mo a month. That puts gross yield in solid territory relative to $187K acquisition costs.
How high is vacancy risk in Kremlin, OK?
Kremlin, OK carries elevated vacancy risk. Expect predictable absorption at market rents of $954/mo.
How strict are landlord regulations in Kremlin, OK?
Rental owners in Kremlin, OK deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
You know 73753 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 73753 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 73753 (Kremlin)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 73753 (Kremlin, OK).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.