Real Estate Investing in Pawnee, Oklahoma (74058)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 74058 (Pawnee, 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: 23.4% 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 Pawnee, OK (74058)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 74058 Pawnee
ZIP 74058 in Pawnee, OK carries a resilient set of headwinds. Home values near $153K and rents of $846/mo sit inside a market where underwriting has to be tight.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 74058 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Meanwhile, 74058 offers a low basis, the region around Pawnee has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The 74058 ZIP's population of 3,558 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that posts the need for careful underwriting.
Distressed ZIPs reward experience. substantial returns are possible in 74058, 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 Pawnee:
Property Strategy for 74058
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $84,380 | $940 | 8.0% | +7.3% | $42,190 |
| 3BR | $157,501 | $1,240 | 5.7% | +8.5% | $52,500 |
| 4BR | $241,216 | $1,570 | 4.7% | +9.4% | $60,304 |
Market Trends
Home Value History (with trend line)
📊 How Does 74058 Compare?
| Metric | 74058 | Pawnee | Oklahoma |
|---|---|---|---|
| Home Value | $152,536 | $152,536 | $214,563 |
| 5-Year CAGR | 6.4% | 6.4% | 6.9% |
| Avg Rent | $846 | $846 | - |
| Cap Rate | 4.3% | 4.3% | - |
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 74058 (Pawnee, OK). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 74058 (Pawnee, OK)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $152,536 |
| Monthly Rent | $846 |
| Price-to-Rent | 15.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.7% |
| Cap Rate | 4.3% |
| 5-Year IRR | 10.7% |
📈 Home Appreciation
| 1-Year | +11.0% ▲ |
| 3-Year CAGR | +6.6% ▲ |
| 5-Year CAGR | +6.4% ▲ |
| 10-Year CAGR | +6.7% ▲ |
🏠 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 (4.3%). 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 74058
Population: 3,558
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 74058
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.
Frequently Asked Questions
Are landlord laws favorable in Pawnee, OK?
Rental owners in Pawnee, OK deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
What strategy should investors use in Pawnee, OK?
A careful cash-flow rentals with hands-on management strategy Pawnee, OK best. The market produces predictable results for that approach at the $153K price point.
Are homes affordable in Pawnee, OK?
Pawnee, OK home values average about $153K. That price point suits investors targeting rentals with $846/mo in monthly income.
Does house hacking work in Pawnee, OK?
House hacking in Pawnee, OK is reasonable to execute. Prices around $153K and rents of $846/mo solid owner-occupant economics.
Is it easy to find good tenants in Pawnee, OK?
Tenant demand in Pawnee, OK is solid. The local workforce $846/mo rents across most rental classes.
You know 74058 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 74058 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 74058 (Pawnee)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 74058 (Pawnee, OK).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.