Real Estate Investing in Copan, Oklahoma (74022)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 74022 (Copan, 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: 12.0% 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 Copan, OK (74022)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 74022 Copan
ZIP 74022 inside Washington looks affordable on the surface — median value of $185K — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 74022 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
In the broader OK picture, 74022 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
The demographic picture in 74022 includes headwinds that any investor should price in. Income distribution skews lower than Copan averages, and tenant stability requires active management.
seems to 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 Copan:
Market Trends
Home Value History (with trend line)
📊 How Does 74022 Compare?
| Metric | 74022 | Copan | Oklahoma |
|---|---|---|---|
| Home Value | $185,361 | $185,361 | $214,563 |
| 5-Year CAGR | 5.4% | 5.4% | 6.9% |
| Avg Rent | $846 | $846 | - |
| Cap Rate | 3.6% | 3.6% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 74022 (Copan, OK). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $185,361 |
| Monthly Rent | $846 |
| Price-to-Rent | 18.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.5% |
| Cap Rate | 3.6% |
| 5-Year IRR | 8.9% |
📈 Home Appreciation
| 1-Year | +9.9% ▲ |
| 3-Year CAGR | +4.6% ▲ |
| 5-Year CAGR | +5.4% ▲ |
| 10-Year CAGR | +5.2% ▲ |
🏠 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 (3.6%). 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 74022
Population: 1,710
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 74022
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 median home value in Copan, OK?
Typical homes in Copan, OK go for around $185K. The 5-year CAGR of 0.0% consistent price movement.
How strict are landlord regulations in Copan, OK?
Rental owners in Copan, OK deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
How strong are rents in Copan, OK?
The typical rental in Copan, OK commands about $846/mo monthly. That rent profile stable cash flow against the $185K purchase basis.
Is Copan, OK suited for a house hack?
For house hackers, Copan, OK is a challenging. The $846/mo rent on a unit helps defray the mortgage on a $185K property.
How do experienced investors play Copan, OK?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Copan, OK. The numbers - $185K homes against $846/mo rents - support that play.
You know 74022 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 74022 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.
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