Real Estate Investing in Fort Supply, Oklahoma (73841)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 73841 (Fort Supply, OK)? Our answer, based on the numbers below.
Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 24.8% of homes vacant — above national norms.
- Flat appreciation: Values have barely moved over 5 years (0.7% CAGR).
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Fort Supply, OK (73841)?
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Market Analysis: 73841 Fort Supply
On balance, ZIP 73841 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $86K median. It rewards specialists, not generalists.
Rent of $846/mo on a $86K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 73841 sits below the stated 0.0% once reality is priced in.
Within OK, ZIP 73841 trails on several market indicators that neighboring Ellis County submarkets outperform. The gap is real and significant enough to shape underwriting.
Employment concentration in 73841 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Experienced landlords with local relationships tend to find 73841 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Fort Supply:
Market Trends
Home Value History (with trend line)
📊 How Does 73841 Compare?
| Metric | 73841 | Fort Supply | Woodward, OK | Oklahoma |
|---|---|---|---|---|
| Home Value | $85,703 | $85,703 | N/A | $214,563 |
| 5-Year CAGR | 0.7% | 0.7% | N/A | 6.9% |
| Avg Rent | $846 | $846 | N/A | - |
| Cap Rate | 7.7% | 7.7% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 73841 (Fort Supply, OK). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $85,703 |
| Monthly Rent | $846 |
| Price-to-Rent | 8.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 11.9% |
| Cap Rate | 7.7% |
| 5-Year IRR | 8.4% |
📈 Home Appreciation
| 1-Year | +7.0% ▲ |
| 3-Year CAGR | +0.6% ▲ |
| 5-Year CAGR | +0.7% ▲ |
| 10-Year CAGR | N/A |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (7.7%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 73841
Population: 1,055
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 73841
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 strong is Fort Supply, OK for real estate investors?
Fort Supply, OK scores 3.0/5 for investability. Home values sit at $86K and rents near $846/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
What is the average home sale price in Fort Supply, OK?
Expect median prices around $86K in Fort Supply, OK. The market has run at a 0.0% 5-year CAGR, so entry costs have been stable.
What is the average monthly rent in Fort Supply, OK?
Rent in Fort Supply, OK is around $846/mo. The resulting rent-to-value relationship with $86K pricing is reasonable for most investor models.
Is vacancy a concern in Fort Supply, OK?
Expect elevated vacancy in Fort Supply, OK. Rents at $846/mo are absorbed by the tenant base without meaningful lag.
How do experienced investors play Fort Supply, OK?
The best-fit strategy in Fort Supply, OK is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
You know 73841 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 73841 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.
How 73841 ranks in Woodward, OK
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