Real Estate Investing in Tulsa, Oklahoma (74119)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 74119 (Tulsa, OK)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 26.9% of homes vacant — above national norms.
What’s happening in Tulsa, OK (74119)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 74119 Tulsa
The 74119 ZIP in Tulsa, OK is a local-operator market. Outside capital chasing a $171K entry has to pair deep knowledge with the discount.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $171K asset, 74119 is the wrong submarket. If the plan prices in friction, the yield can still work.
In the broader OK picture, 74119 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Employment concentration in 74119 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Strategy in 74119 is an operator game, not a passive one. From a cash-flow lens, entry prices of $171K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Tulsa:
Property Strategy for 74119
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $101,615 | $1,040 | 7.4% | +7.6% | $101,615 |
| 2BR | $189,915 | $1,280 | 4.9% | +6.2% | $94,957 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 74119 Compare?
| Metric | 74119 | Tulsa | Tulsa, OK | Oklahoma |
|---|---|---|---|---|
| Home Value | $171,304 | $103,506 | N/A | $214,563 |
| 5-Year CAGR | 4.3% | 5.9% | N/A | 6.9% |
| Avg Rent | $1,335 | $1,269 | N/A | - |
| Cap Rate | 6.1% | 5.2% | - | - |
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 74119 (Tulsa, OK). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 74119 (Tulsa, OK)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $171,304 |
| Monthly Rent | $1,335 |
| Price-to-Rent | 10.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 9.4% |
| Cap Rate | 6.1% |
| 5-Year IRR | 10.4% |
📈 Home Appreciation
| 1-Year | +3.6% ▲ |
| 3-Year CAGR | +2.8% ▲ |
| 5-Year CAGR | +4.3% ▲ |
| 10-Year CAGR | +5.3% ▲ |
🏠 Rent Trends
| 1-Year | -8.9% ▼ |
| 3-Year CAGR | -2.5% ▼ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (6.1%). 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 74119
Population: 3,541
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 74119
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
HOOVER ES
MAYO DEMONSTRATION ES
KENDALL-WHITTIER ES
DEBORAH BROWN COMMUNITY SCHOOL
SANKOFA MIDDLE SCHOOL
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 3,605 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is Tulsa, OK suited for a house hack?
Tulsa, OK is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $171K price point reasonable to enter.
What is the smart move for investors in Tulsa, OK?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Tulsa, OK. The numbers - $171K homes against $1,335/mo rents - support that play.
Are renters plentiful in Tulsa, OK?
The renter base in Tulsa, OK is reasonable for the $1,335/mo price point. Screening well and pricing to market typically yields steady tenants.
How does Tulsa, OK rate as a rental market?
Tulsa, OK registers an investability rating of 3.0/5, with median home values near $171K and average rents around $1,335/mo. That combination puts it in the robust tier for investor interest.
Where do home prices stand in Tulsa, OK?
In Tulsa, OK the median home value sits at $171K. Against the broader OK market, that reads as reasonable for most investors.
You know 74119 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 74119 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.
How 74119 ranks in Tulsa, OK
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 74119 (Tulsa)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 74119 (Tulsa, OK).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.