Real Estate Investing in Guymon, Oklahoma (73942)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 73942 (Guymon, 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: 15.3% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Guymon, OK (73942)?
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Market Analysis: 73942 Guymon
ZIP 73942 in Guymon, OK carries a notable set of headwinds. Home values near $176K and rents of $1,035/mo sit inside a market where underwriting has to be tight.
Rent of $1,035/mo on a $176K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 73942 sits below the stated 0.0% once reality is priced in.
The gap between 73942 and stronger Guymon ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Resident income in 73942 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Strategically, 73942 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Guymon:
Property Strategy for 73942
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $98,941 | $1,150 | 8.4% | +6.3% | $49,470 |
| 3BR | $167,211 | $1,380 | 5.9% | +5.8% | $55,737 |
| 4BR | $233,994 | $1,930 | 5.9% | +4.8% | $58,498 |
Market Trends
Home Value History (with trend line)
📊 How Does 73942 Compare?
| Metric | 73942 | Guymon | Guymon, OK | Oklahoma |
|---|---|---|---|---|
| Home Value | $176,361 | $176,361 | N/A | $214,563 |
| 5-Year CAGR | 5.3% | 5.3% | N/A | 6.9% |
| Avg Rent | $1,035 | $1,035 | N/A | - |
| Cap Rate | 4.6% | 4.6% | - | - |
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 73942 (Guymon, OK). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $176,361 |
| Monthly Rent | $1,035 |
| Price-to-Rent | 14.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.0% |
| Cap Rate | 4.6% |
| 5-Year IRR | 9.8% |
📈 Home Appreciation
| 1-Year | +8.9% ▲ |
| 3-Year CAGR | +4.3% ▲ |
| 5-Year CAGR | +5.3% ▲ |
| 10-Year CAGR | +4.5% ▲ |
🏠 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 (4.6%). 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 73942
Population: 13,659
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 73942
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 typical renter like in Guymon, OK?
The renter base in Guymon, OK is reasonable for the $1,035/mo price point. Screening well and pricing to market typically yields even-keeled tenants.
What is the investability score for Guymon, OK?
With a 3.0/5 investability score, Guymon, OK ranks as a solid market for rental property investors. Median prices of $176K and rents of $1,035/mo drive the underlying numbers.
Is Guymon, OK landlord-friendly?
The landlord environment in Guymon, OK is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
Is Guymon, OK suited for a house hack?
House hacking works a challenging in Guymon, OK. Rents of $1,035/mo against $176K acquisition make the strategy solid for owner-occupants.
What is the median home value in Guymon, OK?
Guymon, OK home values average about $176K. That price point suits investors targeting rentals with $1,035/mo in monthly income.
You know 73942 now. You don’t know where it ranks.
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Community Ratings
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