Real Estate Investing in Welch, Oklahoma (74369)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Craig County • Population: 1,729 • Data updated: September 2026

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Should you buy in 74369 (Welch, OK)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (63/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • Elevated vacancy: 11.1% vacancy may signal weakening demand.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Welch, OK (74369)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $246,187
Avg Monthly Rent $846
1% Rule ✗ Does Not Meet
Median Income $52,500
% Renters 25.7%

Market Analysis: 74369 Welch

Investors eyeing 74369 need to respect the fundamentals at play. Home values of $246K come alongside slower price movement and elevated management overhead.

For an experienced owner, 74369 can be a a solid fit for hunting ground — but the discount at $246K reflects genuine risk that outside investors often underestimate.

Turning to rents, 74369 offers a low basis, the region around Welch has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.

Demographically, 74369 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.

New investors are better served looking at Welch's stable or hybrid ZIPs before stepping into 74369. The learning curve here is expensive when the lesson is wrong.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Welch:

C+ Average
Buy Confidence Score: 65/100
Affordability
10/25
Appreciation
25/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.7× the median income
Value Trend
Rising (+10.3%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $846/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
🏠

Property Strategy for 74369

Which property type performs best in this market?

Best for Cash Flow
2BR
4.7% cap rate
Best for Appreciation
3BR
+10.5% 5yr CAGR
Best Overall Value
2BR
$71,631/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $143,261 $940 4.7% +10.4% $71,631
3BR $263,723 $1,140 3.1% +10.5% $87,908

Market Trends

Home Value History (with trend line)

$265K$226K$187K$148K$109K$70KJun 2006Jul 2016Jul 2026

📊 How Does 74369 Compare?

Metric 74369 Welch Oklahoma
Home Value $246,187 $246,187 $214,563
5-Year CAGR 7.7% 7.7% 6.9%
Avg Rent $846 $846 -
Cap Rate 2.7% 2.7% -
💡 Why Invest in 74369? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 74369 (Welch, OK). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.7%
Low
5yr Growth
+7.7%
Strong

📊 Market Snapshot

Home Value $246,187
Monthly Rent $846
Price-to-Rent 24.3:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.1%
Cap Rate 2.7%
5-Year IRR 10.4%

📈 Home Appreciation

1-Year +10.3% ▲
3-Year CAGR +6.6% ▲
5-Year CAGR +7.7% ▲
10-Year CAGR +8.0% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.7%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.7%). 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.

Vacancy
11.1%
Moderate risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+7.7%
Growing
Eviction process: Moderate Rent control: Favorable

Demographics in 74369

Population: 1,729

💰 Median Household Income
$52,500
This area
$52,500
State
$58,994
USA
$74,580
🏠 Renter Occupied
25.7%
This area
25.7%
State
25.6%
USA
34.0%
💼 Unemployment Rate
2.2%
This area
2.2%
State
-1.8%
USA
3.7%
🎓 College Educated
13.6%
This area
13.6%
State
14.2%
USA
33.7%
👤 Median Age
44.7 years
This area
44.7 years
State
30.2 years
USA
38.9 years
🏚️ Vacancy Rate
11.1%
This area
11.1%
State
20.2%
USA
10.5%
👥 Population by Ethnicity
White 70.8%
Other/Mixed 28.1%
Hispanic/Latino 1.9%
Black/African American 1.0%
👶 Under 18
24.2%
This area
24.2%
USA
22.0%
👴 65 and Over
24.4%
This area
24.4%
USA
17.3%
📊 Poverty Rate
10.8%
This area
10.8%
USA
11.5%

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 74369

B+ Avg School Grade
3 Schools
11.7:1 Avg Class Size
$15,616 Avg Per Pupil

Schools in This ZIP Code

B+ Above Average

WELCH HS

📚 09 – 12 High School
👥
99 Students
👨‍🏫
9.1:1 Class Size
💰
$15,616 Per Student
B+ Above Average

WELCH ES

📚 Pre-K – 05 Elementary
👥
139 Students
👨‍🏫
13.7:1 Class Size
💰
$15,616 Per Student
B+ Above Average

WELCH MS

📚 06 – 08 Middle
👥
56 Students
👨‍🏫
12.4:1 Class Size
💰
$15,616 Per Student
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

What kind of market is Welch, OK for investors?

Investors tracking Welch, OK will find a 3.0/5 rating supported by $246K median home values and $846/mo rents. That profile suits long-term holders targeting predictable returns.

How much do tenants pay in Welch, OK?

Rent in Welch, OK is around $846/mo. The resulting rent-to-value relationship with $246K pricing is reasonable for most investor models.

Can owner-occupants cash flow in Welch, OK?

Welch, OK is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $246K price point reasonable to enter.

What price range are homes in Welch, OK?

Median home price in Welch, OK is near $246K, with a 5-year CAGR of 0.0%. Prices have been consistent and supportive of buy-and-hold strategies.

How should investors approach Welch, OK?

In Welch, OK the robust play is typically careful cash-flow rentals with hands-on management. The combination of $246K prices and $846/mo rents suits that approach.

You know 74369 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 74369 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.

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