Real Estate Investing in Commerce, Oklahoma (74339)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 74339 (Commerce, OK)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 18.6% of homes vacant — above national norms.
- Elevated poverty: 31.1% poverty rate — can affect rent collection.
- Lower household income: $35,662 median — tenant affordability is tighter.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Commerce, OK (74339)?
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Market Analysis: 74339 Commerce
ZIP 74339 offers what many appreciation markets cannot: an affordable basis at $71K and rent support of $846/mo for rehab-driven equity creation in Ottawa County.
Flippers and value-add operators have treated 74339 as a working ZIP for a reason. Entry prices around $71K and a deep rental base of 33% renters underpin the exit strategy on both the sale and rent sides.
Across Commerce, pockets like 74339 represent the last affordable rungs of a rising ladder. The state-level data shows those rungs thinning.
The resident base in 74339 runs younger and more tenure-renter than county averages. 33% of 2,293 households lease, which is the demand source for post-rehab rent lifts.
The strategy in 74339 is forced equity, not market equity. On the rental side, entry prices are accommodating at $71K, the returns sit in the renovation budget, not the holding period.
Here's what matters if you're considering buying a home in Commerce:
Property Strategy for 74339
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $50,138 | $940 | 13.5% | — | $25,069 |
| 3BR | $97,410 | $1,180 | 8.7% | +8.2% | $32,470 |
Market Trends
Home Value History (with trend line)
📊 How Does 74339 Compare?
| Metric | 74339 | Commerce | Miami, OK | Oklahoma |
|---|---|---|---|---|
| Home Value | $71,248 | $71,248 | N/A | $214,563 |
| 5-Year CAGR | 4.3% | 4.3% | N/A | 6.9% |
| Avg Rent | $846 | $846 | N/A | - |
| Cap Rate | 9.3% | 9.3% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 74339 (Commerce, OK). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $71,248 |
| Monthly Rent | $846 |
| Price-to-Rent | 7.0:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 14.3% |
| Cap Rate | 9.3% |
| 5-Year IRR | 13.6% |
📈 Home Appreciation
| 1-Year | +3.6% ▲ |
| 3-Year CAGR | +4.2% ▲ |
| 5-Year CAGR | +4.3% ▲ |
| 10-Year CAGR | +6.3% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The estimated cap rate (9.3%) exceeds the current 30-yr mortgage rate (6.8%). When borrowing costs less than a property yields, leverage can increase your cash-on-cash return above the cap rate.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 74339
Population: 2,293
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 74339
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
Can owner-occupants cash flow in Commerce, OK?
The an attractive house-hack environment in Commerce, OK reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
Does rental property in Commerce, OK pass the 1% rule?
The 1% rule in Commerce, OK is reasonable to achieve. Rent-to-price at the median ($846/mo on $71K) lands around 1.19%.
What real estate strategy is ideal for Commerce, OK?
Investors usually favor value-add and BRRRR deals in Commerce, OK. With home values at $71K and rents near $846/mo, other strategies can work but produce predictable rather than outsized returns.
Is Commerce, OK a viable BRRRR market?
Investors running BRRRR in Commerce, OK see a strong outcomes. Deal flow and rehab execution matter more than the macro here.
How strong are rents in Commerce, OK?
Rents in Commerce, OK run near $846/mo. Compared with median home prices of $71K that produces solid gross yields for typical rentals.
You know 74339 now. You don’t know where it ranks.
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How 74339 ranks in Miami, OK
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