Real Estate Investing in Delaware, Oklahoma (74027)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 74027 (Delaware, 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: 18.3% of homes vacant — above national norms.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Delaware, OK (74027)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 74027 Delaware
ZIP 74027 in Delaware, OK carries a significant set of headwinds. Home values near $229K and rents of $846/mo sit inside a market where underwriting has to be tight.
For an experienced owner, 74027 can be a a strong candidate for hunting ground — but the discount at $229K reflects genuine risk that outside investors often underestimate.
Statewide comparisons place 74027 among OK's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The demographic picture in 74027 includes headwinds that any investor should price in. Income distribution skews lower than Delaware averages, and tenant stability requires active management.
Distressed ZIPs reward experience. healthy returns are possible in 74027, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Delaware:
Market Trends
Home Value History (with trend line)
📊 How Does 74027 Compare?
| Metric | 74027 | Delaware | Oklahoma |
|---|---|---|---|
| Home Value | $228,751 | $228,751 | $214,563 |
| 5-Year CAGR | 7.5% | 7.5% | 6.9% |
| Avg Rent | $846 | $846 | - |
| Cap Rate | 2.9% | 2.9% | - |
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 74027 (Delaware, OK). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 74027 (Delaware, OK)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $228,751 |
| Monthly Rent | $846 |
| Price-to-Rent | 22.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.4% |
| Cap Rate | 2.9% |
| 5-Year IRR | 10.4% |
📈 Home Appreciation
| 1-Year | +19.4% ▲ |
| 3-Year CAGR | +6.5% ▲ |
| 5-Year CAGR | +7.5% ▲ |
| 10-Year CAGR | +7.7% ▲ |
🏠 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 (2.9%). 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 74027
Population: 848
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
Frequently Asked Questions
What type of investing works in Delaware, OK?
Investors usually favor careful cash-flow rentals with hands-on management in Delaware, OK. With home values at $229K and rents near $846/mo, other strategies can work but produce predictable rather than outsized returns.
Can owner-occupants cash flow in Delaware, OK?
Delaware, OK is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $229K price point reasonable to enter.
Where do rents currently stand in Delaware, OK?
Investors in Delaware, OK typically see rents near $846/mo per month against $229K home values - a solid setup for rental cash flow.
How tight is the rental market in Delaware, OK?
Delaware, OK carries elevated vacancy risk. Expect measured absorption at market rents of $846/mo.
What price range are homes in Delaware, OK?
Median home price in Delaware, OK is near $229K, with a 5-year CAGR of 0.0%. Prices have been measured and supportive of buy-and-hold strategies.
You know 74027 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 74027 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.
AI Market Advisor
Ask questions about investing in 74027 (Delaware)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 74027 (Delaware, OK).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.