Real Estate Investing in Collinsville, Oklahoma (74021)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 74021 (Collinsville, OK)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 8.6% vacancy may signal weakening demand.
What’s happening in Collinsville, OK (74021)?
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Market Analysis: 74021 Collinsville
Investors eyeing 74021 need to respect the fundamentals at play. Home values of $286K come alongside slower price movement and elevated management overhead.
For an experienced owner, 74021 can be a a strong candidate for hunting ground — but the discount at $286K reflects genuine risk that outside investors often underestimate.
Within OK, ZIP 74021 trails on several market indicators that neighboring Tulsa County submarkets outperform. The gap is real and resilient enough to shape underwriting.
The demographic picture in 74021 includes headwinds that any investor should price in. Income distribution skews lower than Collinsville averages, and tenant stability requires active management.
Strategically, 74021 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 Collinsville:
Property Strategy for 74021
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $160,421 | $1,390 | 6.2% | +8.3% | $80,210 |
| 3BR | $266,214 | $1,830 | 4.9% | +7.8% | $88,738 |
| 4BR | $345,252 | $2,110 | 4.4% | +7.3% | $86,313 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 74021 Compare?
| Metric | 74021 | Collinsville | Tulsa, OK | Oklahoma |
|---|---|---|---|---|
| Home Value | $285,847 | $285,847 | N/A | $214,563 |
| 5-Year CAGR | 5.7% | 5.7% | N/A | 6.9% |
| Avg Rent | $1,646 | $1,646 | N/A | - |
| Cap Rate | 4.5% | 4.5% | - | - |
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 74021 (Collinsville, OK). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $285,847 |
| Monthly Rent | $1,646 |
| Price-to-Rent | 14.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.9% |
| Cap Rate | 4.5% |
| 5-Year IRR | 10.2% |
📈 Home Appreciation
| 1-Year | +3.8% ▲ |
| 3-Year CAGR | +3.0% ▲ |
| 5-Year CAGR | +5.7% ▲ |
| 10-Year CAGR | +5.6% ▲ |
🏠 Rent Trends
| 1-Year | +10.2% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.5%). 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 74021
Population: 23,504
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 74021
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 618 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is it like being a landlord in Collinsville, OK?
Collinsville, OK falls under OK landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
What is the tenant pool like in Collinsville, OK?
The renter base in Collinsville, OK is reasonable for the $1,646/mo price point. Screening well and pricing to market typically yields steady tenants.
How do home values compare in Collinsville, OK?
Typical homes in Collinsville, OK go for around $286K. The 5-year CAGR of 0.0% reliable price movement.
Is Collinsville, OK suited for a house hack?
The house hack math a challenging in Collinsville, OK. Owner-occupant buyers benefit from the $1,646/mo rents and $286K home values.
Do landlords face vacancy issues in Collinsville, OK?
Vacancy risk in Collinsville, OK is elevated. That supports measured cash flow for typical rental holds.
You know 74021 now. You don’t know where it ranks.
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How 74021 ranks in Tulsa, OK
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