Real Estate Investing in Turpin, Oklahoma (73950)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 73950 (Turpin, 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: 31.3% 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 Turpin, OK (73950)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 73950 Turpin
Turning to rents, ZIP 73950 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $186K median. It rewards specialists, not generalists.
The investment case in 73950 is solid only for operators who understand what they are buying. A $186K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Nearby ZIPs in Turpin have seen price recovery that 73950 has not matched. Beaver County data supports the view that the spread is structural rather than temporary.
Demographically, 73950 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
tilts toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Turpin:
Property Strategy for 73950
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $162,319 | $1,390 | 6.2% | +4.4% | $54,106 |
| 4BR | $225,483 | $1,660 | 5.3% | +3.3% | $56,371 |
Market Trends
Home Value History (with trend line)
📊 How Does 73950 Compare?
| Metric | 73950 | Turpin | Guymon, OK | Oklahoma |
|---|---|---|---|---|
| Home Value | $185,926 | $185,926 | N/A | $214,563 |
| 5-Year CAGR | 2.9% | 2.9% | N/A | 6.9% |
| Avg Rent | $945 | $945 | N/A | - |
| 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 73950 (Turpin, OK). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $185,926 |
| Monthly Rent | $945 |
| Price-to-Rent | 16.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.1% |
| Cap Rate | 4.0% |
| 5-Year IRR | 6.9% |
📈 Home Appreciation
| 1-Year | +0.9% ▲ |
| 3-Year CAGR | +0.0% ▲ |
| 5-Year CAGR | +2.9% ▲ |
| 10-Year CAGR | +3.9% ▲ |
🏠 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 73950
Population: 1,342
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 73950
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
Investor Insight: With 746 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Should investors worry about vacancy in Turpin, OK?
Turpin, OK sees elevated vacancy, which is reasonable relative to the broader OK rental market.
What is the typical renter like in Turpin, OK?
Tenant quality in Turpin, OK ranks as solid. Landlords generally report measured occupancy at market rents of $945/mo.
Is Turpin, OK a friendly market for rental owners?
Turpin, OK falls under OK landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
Is Turpin, OK good for house hacking?
House hacking in Turpin, OK is a challenging. With home values around $186K and rents at $945/mo, owner-occupants can offset a meaningful share of PITI.
What price range are homes in Turpin, OK?
Median home price in Turpin, OK is near $186K, with a 5-year CAGR of 0.0%. Prices have been measured and supportive of buy-and-hold strategies.
You know 73950 now. You don’t know where it ranks.
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