Real Estate Investing in Woodward, Oklahoma (73801)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 73801 (Woodward, 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: 13.5% of homes vacant — above national norms.
What’s happening in Woodward, OK (73801)?
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Market Analysis: 73801 Woodward
Homes in the 73801 ZIP trade near $131K, a discount that has historically rewarded investors willing to renovate. Rent comps near $1,392/mo support the pro forma.
The an appealing option for angle here is forced equity, not market equity. ZIP 73801 rewards investors who can execute on scope, timeline, and tenant turnover.
Across Woodward, pockets like 73801 represent the last affordable rungs of a rising ladder. The state-level data shows those rungs thinning.
A renter-heavy, wage-earner demographic anchors 73801. Value-add players rely on that mix — the 32% share is both the tenant source and the buyer pool for future owner-occupied exits.
Flippers with local expertise can do well in 73801. Out-of-state investors should partner with boots-on-the-ground operators or skip the ZIP entirely.
Here's what matters if you're considering buying a home in Woodward:
Property Strategy for 73801
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $66,520 | $1,050 | 11.4% | +2.1% | $33,260 |
| 3BR | $141,937 | $1,260 | 6.4% | +3.5% | $47,312 |
| 4BR | $238,100 | $1,760 | 5.3% | +3.6% | $59,525 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 73801 Compare?
| Metric | 73801 | Woodward | Woodward, OK | Oklahoma |
|---|---|---|---|---|
| Home Value | $131,084 | $131,084 | N/A | $214,563 |
| 5-Year CAGR | 2.3% | 2.3% | N/A | 6.9% |
| Avg Rent | $1,392 | $1,392 | N/A | - |
| Cap Rate | 8.3% | 8.3% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 73801 (Woodward, OK). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $131,084 |
| Monthly Rent | $1,392 |
| Price-to-Rent | 7.9:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 12.7% |
| Cap Rate | 8.3% |
| 5-Year IRR | 10.5% |
📈 Home Appreciation
| 1-Year | +4.4% ▲ |
| 3-Year CAGR | +1.2% ▲ |
| 5-Year CAGR | +2.3% ▲ |
| 10-Year CAGR | +1.7% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The estimated cap rate (8.3%) 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 73801
Population: 14,912
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
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What do landlords charge for rent in Woodward, OK?
Expect rents around $1,392/mo per month in Woodward, OK. With home values at $131K, the yield math works out to reasonable levels for rental investors.
Can you find 1% rule deals in Woodward, OK?
Yes, many Woodward, OK properties clear the 1% rule. The rent-to-price ratio averages 1.06%, supported by $1,392/mo rents.
Does house hacking make sense in Woodward, OK?
House hacking works an attractive in Woodward, OK. Rents of $1,392/mo against $131K acquisition make the strategy solid for owner-occupants.
Is Woodward, OK a good place for real estate investing?
Yes - Woodward, OK a 5.0/5 investability score. With $131K home prices against $1,392/mo monthly rent, the market delivers a reasonable entry point for new investors.
What is the typical home price in Woodward, OK?
Homes in Woodward, OK typically sell near $131K. Prices have moved at a 0.0% 5-year CAGR, which reliable long-term demand.
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How 73801 ranks in Woodward, OK
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